The market for recreational vehicles was dropping before the housing bubble burst, unemployment shot up and credit dried up. Many economists view RVs as an indicator of where the economy is headed.
An article in the Chicago Tribune suggests that things are now looking up for RVs and, possibly, just possibly, in the long term, the economy as a whole.
Now comes word that RV sales have started picking up. Airstream Inc. is boosting production of its iconic caravans and expanding its work force by 50 percent.
"Airstream is back on the road to recovery," Chief Executive Bob Wheeler declared. "We can expect to see significant growth."
As decades go, the 2000s ended with such a bust that the 2010s almost can’t help but look good in comparison.
With the economy lurching from housing crisis to credit crisis to its ongoing job crisis, it might seem premature to declare a recovery in the offing.
read the rest of the article: RV sales shift out of reverse, point economy down slow road to recovery