This article says the decline is because of the tariffs, but more more was spent on RV sales in 2019 Q2.
https://www.zerohedge.com/news/2019-07-26/what-americans-spent-most-money-second-quarter
+1The last paragraph is the sum of the author's unbiased journalism. He just couldn't let the facts be the facts.
The last paragraph is the sum of the author's unbiased journalism. He just couldn't let the facts be the facts.
The last paragraph is the sum of the author's unbiased journalism. He just couldn't let the facts be the facts.
Agreed.
From camping in many of our local State parks over many years, and owning a 32' travel trailer ourselves for years, we saw a HUGE increase in brand new campers/RVs over the last year or two, and obviously some of these folks were new to the whole camping experiences...lots of indecision about how to setup camp, back the trailer into the spot properly, and dump the tanks that we saw.
We would walk through the campgrounds in the evening, and see many 2019 trucks pulling 2019 campers, and wonder to ourselves how much their payments were.
I think the RV sales slump may have more to do with everyone already getting the rig they wanted, and being a bit nervous about the stock market future.
The last paragraph is the sum of the author's unbiased journalism. He just couldn't let the facts be the facts.
Just our run-of-the-mill business cycle.
Boom followed by bust. It's been booming for a long long time.
About time for a bust, you reckon?
Just our run-of-the-mill business cycle.
Boom followed by bust. It's been booming for a long long time.
About time for a bust, you reckon?
Is there some evidence that this statement is true? Where did it come from? Remember, the purpose of economic forecasting is to make astrology look respectable. (https://www.oxfordreference.com/view/10.1093/acref/9780191826719.001.0001/q-oro-ed4-00017202)"The RV industry is better at calling recessions than economist are" ...
Well, if you are looking to a BLOG that is run by a guy that has lifetime ban from securities trading, then you get what you pay for. Don't get your info from Zero Hedge...just don't.
Regardless, we're due. Sooner or later someone will be right by claiming a connection between the economy and the numbers of birds in a flock or something equally esoteric.