RVIA’s 2024 Winter RV RoadSigns forecast projected 2025 RV wholesale shipments to remain at the same level as the 2024 Fall report. ITR Economics prepared the quarterly forecast.
In 2025, the range is expected to rise between 329,900 and 362,300 shipments with a median of 346,100.
The Fall forecast was issued Sept. 5. Since then, the Federal Reserve has lowered its benchmark interest rate by 0.75% and Donald Trump was re-elected to a second term as president. The Fed may issue another rate cut when its Federal Open Market Committee meets in two weeks.
Despite the changes, the RV RoadSigns forecast remained the same. The Winter forecast projects 2024 RV shipments to range between 311,600 and 336,600 with a median of 324,100—the same totals forecast in the Fall report. If the shipment total reaches the median forecast, wholesale RV shipments will be 3.5% higher than 2024’s 313,174 total.
RVIA President and CEO Craig Kirby said, “Wholesale shipments are edging up slightly over last year’s total in the face of stubborn interest rates and stretched consumer finances. The market is poised for additional growth next year with dealer inventories at healthy levels, continued strong consumer interest in RV ownership and interest rates that are expected to ease.”
At this time last year, the 2023 Winter forecast expected a median of 350,100. The 2024 Fall report shifted from mid- to low-300,000 estimates.
RVIA members are invited to attend a 60-minute webinar with ITR Economics Senior Forecaster Connor Lokar, at 2 p.m. Eastern time Dec. 9. To register for the webinar, click here.