Blame it on whatever you want — gas prices, interest rates or stock market jitters — there certainly are signs of a softening RV marketplace.
A number of companies have their production employees working reduced hours, and there were reports of temporary plant shutdowns to bring production volume into balance with retail sales rates.
National RV Holdings Inc., while posting softer earnings during the first quarter, predicts lower second quarter revenues based on “current retail trends.”
Chassis-maker Spartan Motors Inc., in spite of record early year sales, expressed “uncertainty” about the second quarter.
On the other hand, there were companies working off hefty order backlogs and reporting “challenging” but healthy sales volumes.
And at least one industry insider, who did not want to be quoted by name, still is looking for a record finish to the year.