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“This Is The Worse I’ve Seen It” – Recession Imminent As RV Industry Crashes

Summary:
Michael Hicks, a Ball State University economist who tracks the industry, warned that the fall in RV shipments could indicate a broader economic downturn is ahead. Hicks said shipments had fallen sharply just before the last three U.S. recessions. https://www.zerohedge.com/news/2019-08-20/worse-ive-seen-it-recession-imminent-rv-industry-crashes

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Michael Hicks, a Ball State University economist who tracks the industry, warned that the fall in RV shipments could indicate a broader economic downturn is ahead. Hicks said shipments had fallen sharply just before the last three U.S. recessions.

“This Is The Worse I’ve Seen It” – Recession Imminent As RV Industry Crashes

https://www.zerohedge.com/news/2019-08-20/worse-ive-seen-it-recession-imminent-rv-industry-crashes

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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