RV industry death spiral...
I'm greatly looking forward to this series of articles over the next couple of weeks: http://rvdailyreport.com/opinion/opinion-the-rv-industry-death-spiral-part-1/comment-page-1/#comment-370313 ...
Forum Discussion
One of the looming issues I see is the fact that real wages, adjusted for inflation, have not materially changed in over fifteen years. With more trade agreements (TTP, etc.) we are not likely to see things getting any better. Remember when Ross Perot said "with NAFTA you will hear the giant sucking sound of jobs leaving the Country"?
That was the start of the U.S. seeing a reduction in manufacturing and the start of the service economy. The resultant is lower wage jobs and less purchasing power.
Off shore products are cheaper than U.S. produced goods but with less customer purchasing power it becomes more difficult to purchase quality built domestic produced goods.
I see some very ominous and heady winds ahead and most of us remember how fast the industry crashed in2008.
That was the start of the U.S. seeing a reduction in manufacturing and the start of the service economy. The resultant is lower wage jobs and less purchasing power.
Off shore products are cheaper than U.S. produced goods but with less customer purchasing power it becomes more difficult to purchase quality built domestic produced goods.
I see some very ominous and heady winds ahead and most of us remember how fast the industry crashed in2008.
