Last week, RVIA hosted a members-only webinar to review the latest RV RoadSigns forecast and provide insight on how the forecast was developed.
ITR Senior Economist and Director of Research and Development Eric Post led the webinar.
The slides and webinar recording are available to RVIA members who may have missed the webinar.
During the webinar, participants heard an in-depth forecast explanation. The latest forecast projects 2024 RV shipments to range between 343,900 to 356,300 units with a median total of 350,100 units.
The shipment total would represent a 11.8% to 15.8% increase over the expected 2023 year-end range of 302,100 to 313,400 units, with a median total of 307,700 units.
High interest rates, declining consumer buying power and built-up RV inventory led to a 2023 decline in RV shipments. However, with the interest rate increases subsiding and expected to dissipate throughout 2024, RVIA said green shoots are emerging. Wholesale shipments are expected to transition to a growth trend in the latter half of next year, RVIA said.
The webinar is a member benefit that will take place each quarter in conjunction with the RV RoadSigns Forecast release.
For questions, email RVIA Vice President of Membership and Research Bill Baker at [email protected].
