The manufacturing sector’s sharp decline was cited by the Federal Reserve on Wednesday as one of the reasons for its decision to cut interest rates, and new data from the Recreation Vehicle Industry Association (RVIA) shows RV builders were not immune to the decline.
The number of units shipped from manufacturers to dealers during November declined between 20% and 30% in all major RV product categories except for Class A motorhomes, which were down almost one-third.
Class A shipments were down 32.4% in November to 2,300 units, and deliveries were down 16.1% during the first 11 months of 2000 to 38,100 units, the RVIA reports.
Class C motorhomes also took a major hit in November, with shipments declining 27.3% to 800 units. During the first 11 months of 2000, Class C deliveries were down 10.3% to 15,600 units.
Among towable RVs, travel trailer deliveries were down 21.4% in November to 5,500 units, and were down 1.3% during the first 11 months of 2000 to 108,400 units.
Fifth-wheel shipments declined 23.4% in November to 3,600 units but they were up 5% after the first 11 months of 2000 to 58,800 units.
Folding camper deliveries declined 27% in November to 2,700 units and they were down 14.2% after the first 11 months of 2000 to 48,500 units.