Many people looking to find the strength of the economy simply turn to the RV industry as it is history has shown the industry to be an indicator of the overall strength of the economy. In late 2008 and much of 2009 many industries faced an undesirable bottom line but in late 2009 RVs for sale began to roll off the lot and sure enough economists began saying the economy was strengthening. RV companies as well as many other companies increased sales and began hiring again.

2010 has shown record numbers at RV shows. RV enthusiasts are not only showing up to look at the RVs for sale but many are actually buying them. Early indicators suggest that the younger generation of RVers are drawn to the lightweight models and economy RVs where the more traditional RVer is taken with the Class A and Class B models.

Like many things, RV technology is advancing. Adding new technologies to RVs has certainly helped to increase sales but perhaps the most exciting advancement in RV technology is the implementation of green technologies. Many RVs are now being equipped with solar panels, LED lighting, recycled wood, aerodynamic designs and more. Additionally, RVs are now available that run on both biodiesel fuel and oil found and used in restaurants.

Some RV travelers love the luxury some RVs offer. Other RV travelers simply want the basics. Because every RV owner is different, RVs are made to best meet the needs and wishes of all owners. So whether you are looking for a bed on wheels or a fully functioning apartment on wheels, there is an RV out there to meet you needs.

According to the record books, the RV industry has existed for one-hundred years. As the RV industry celebrates this centennial mark, we cannot help but recognize that over the years the RV industry has become more than a business, it has become a community. Millions of people have embraced it as a way of life and have been along for the ride through the up and downs. And as more and more people get on board and enjoy the freedom of RV life, it’s easy to see the appeal!

According to RVIA.org, 2009 brought along with it 15 new RV manufacturers. And even with a down economy, these companies have been successful in establishing a client base. Recent indicators suggest that the “down economy” is a thing of the past and as more and more RV dealers increase lot inventory and rehire laid-off employees it seems as though that might be the case. Once again RVers are hitting the road and seeing the world one stop at a time.

The delinquency rate of RV loans is traditionally much better than the delinquency rate of other consumer loans; .95% in 1997-2007 versus 2.0% according to the American Bankers Association Quarterly Delinquency Bulletin. This can potentially lead to helping the economy recover as more RVs are purchased.

With an RV there are very few limitations. Travelers can see the world at their own pace, on their own schedule. Perhaps for this reason it is no surprise that RVs for sale are moving steadily off the lot. Traveling is a way of life and a right many Americans treasure.

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