Jerry Garrett writes in the New York Times reports on the latests RV sales.
“Statistical Surveys, which tracks market data for the (RV) industry, reported that through July, sales of new motorized R.V.’s were down about 35 percent from the equivalent period a year earlier,” writes Garrett. “Tom Walworth, president of the firm, attributed the drop to a combination of high fuel prices, tightening credit and declining home equity. In better economic times, many R.V.’s were purchased with home-equity loans.”
Read more in “RV Sales Hit a Bummy Road.”
Photo: Winnebago View.