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Retail sales of all types of towable RV products, except folding campers, increased by healthy amounts during May, as Americans decided to make discretionary purchases following the end of major hostilities in Iraq, according to data gathered by Statistical Surveys Inc., an independent market research firm.
Dealers selling travel trailers, the largest RV product category in terms of unit volume, experienced a 10.1% increase in retail sales in the 48 states from which Statistical Surveys was able to gather data.
There were 14,993 travel trailers retailed in the 48 states in May, compared with 13,615 units sold to consumers in May 2002.
Statistical Surveys was unable to gather New Hampshire’s retail sales data in time for its report and the company does not collect figures from Hawaii.
After the first five months of this year, travel-trailer retail sales were up 6.1% to 52,359 units, compared with 49,360 units retailed in the first five months of 2002.
Meanwhile, retail sales of fifth-wheels increased 7.1% in May to 7,157 units, compared with 6,656 units retailed in the same month a year earlier.
After the first five months of this year, fifth-wheel retail was up 4.9% to 26,968 units, compared with 25,711 units retailed in the same portion of 2002.
Park model retail sales also increased 16% in May to 637 units, compared with 549 units sold by dealers in May 2002. After the first five months of this year, park model retail was up 3.5% to 2,059 units, compared with 1,989 units sold to consumers in the same portion of last year.
However, folding-camper retail sales fell 16.4% in May to 4,152 units, compared with 4,965 units retailed during May 2002. After the first five months of this year, folding-camper retail was down 18.8% to 13,174 units, compared with 16,234 units sold to consumers in the same portion of 2002.