RV PRO

August '18

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rv-pro.com August 2018 • RV PRO • 87 shipments for the RV Industry Associ- ation, said he is forecasting that ship- ments will reach 539,900 units this year and 550,200 in 2019 – which would be the highest number in a half-century. (In 1972, shipments totaled 582,000.) Positive driving factors include con- tinued favorable demographics, histori- cally low unemployment levels, and tax cuts passed the Republican-controlled Congress in late 2017, which Curtin said are generally popular with the public, particularly small business owners. Additionally, government spending at the federal level should spur the economy on, he added. Meanwhile, even though interest rates and inflation rates are trending up slightly, those don't appear to be detrimental to market out- look at this time, according to Curtin. On the negative side, spending on research and development is not what it should be, home values (which create a "wealth effect" for consumers) are slowing down and "persistent uncertainty" from the U.S. Administration has created a degree of uncertainty in the business community, according to Curtin. Thus far, positive economic developments have outweighed those negatives, he added. Meanwhile, Curtin said he does not believe the U.S. will engage in an all-out trade war with China, Europe and other countries, but that "tense negotiations" are likely. Still, even increased talk of tariffs and a trade war risks dimming the con- sumer outlook, he warned. For the longer-term, Curtin said he remains optimistic on the industry's ability to grow. Industry shipments and sales top- ping 700,000 units is "completely do-able" – provided consumers see the value in RVing and don't drop out of the market, he said, adding that it is contingent upon the industry to make consumers remain engaged in the market. The Aftermarket Committee was one of several RVIA committees to meet during Committee Week. The Aftermarket Committee used its meeting to firm up plans for the upcoming Aftermarket Conference in Bonita Springs, Fla. YOU'VE GOT A LOT RIDING ON YOUR SUSPENSION 800-753-0050 • REYCOGRANNING.COM/COMFORTMASTER Manufacturing in the USA for over 90 Years Whether you're a first-time or repeat buyer of a Class A motorhome, rely on Reyco Granning's full line of air ride and IFS suspensions for enhanced safety and maneuverability through changing road conditions.

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