LCII - RV shipments forecast to set a record this year

Continued strong RV wholesale shipment demand is setting up the sector for a record year, according to the RV Industry Association. The RVIA projects total RV shipments for 2021 of between 523K units and 543K units for the coming year. The mid-point of that range is 24% higher than the 2020 RV shipments tally and above the record high of 504.6K units shipped in 2017."There’s really continued customer demand. Inventory on dealer lots continues to be at historic lows because of the demand by consumers. Based on those two factors alone, it should be a really strong year for the industry," notes RVIA.A February survey of manufacturers showed total RV shipments for the month topping out at 48,286 units, an increase of 30.1% compared to the same period last year and also making the month the best February on record.Sector watch: Camping World ([[CWH]] +1.3%), Thor Industries ([[THO]] +1.5%), LCI

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RV shipments forecast to set a record this year