RV boom driven by low interest rates, gas prices & wanderlust

by Wendy on December 7, 2017

via Dean Reynolds @ CBSNews.com

Americans are hitting the road in recreational vehicles (RVs). Sales this year top half a million units — the highest in nearly four decades.

Part of northern Indiana is the birthplace for 85 percent of all the motor coaches in this country. And they can’t seem to build them fast enough. 

The lots at Jayco, a subsidiary of Thor Industries, are lined with all kinds of RVs selling for $15,000 on up, way up.

CBS News opted for the cavernous luxury of the Entegra model with Thor’s CEO Bob Martin. On board there are couches, cabinets, a fridge, a fireplace — and more. 

“People love to travel with their own bedding,” said Martin. “Their own linens, their own showers.” 

During the Great Recession, unemployment in this region was close to 20 percent. Today, it’s 2 percent. 

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: