Last month, the Recreation Vehicle Industry Association (RVIA) held their annual show where they discussed the many big plans for the industry in 2014. From the general look of things, and as affirmed by the Commercial Distribution Finance (CDF) business of GE Capital, it’s going to be a good year for steady growth.
“In spite of the country’s political gridlock, the improving economy helped the RV industry overall and contributed to double-digit growth for RV manufacturers,” said Tim Hyland, president of CDF’s RV group. “At the dealer level, inventory metrics are very healthy.”
Based on the infographic shared by the 2013 Roadshow for Growth, the RV industry currently helps provide jobs for some 250,000 Americans. This would include not only those working in the manufacturing and retailing sector, but also those involved in general maintenance and repair.