Tuesday , November 12 2019
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Trumper’s Abandon Their Winnebago’s—No MAGA In RV Land

Summary:
Last summer something strange started happening in the recreational-vehicle business. Even as President Donald Trump proclaimed “an economic turnaround of historic proportions” and his top economic adviser, Larry Kudlow, asserted that “this is a boom that will be sustainable frankly as far as the eye can see,” RV manufacturers shipped out 11.4% fewer vehicles and trailers in June 2018 than in the same month a year earlier. Shipments rebounded in July but turned negative again in August, and have been falling short ever since. https://www.bloomberg.com/opinion/articles/2019-09-16/decline-in-rv-sales-is-bad-news-for-manufacturing-trump

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Last summer something strange started happening in the recreational-vehicle business. Even as President Donald Trump proclaimed “an economic turnaround of historic proportions” and his top economic adviser, Larry Kudlow, asserted that “this is a boom that will be sustainable frankly as far as the eye can see,” RV manufacturers shipped out 11.4% fewer vehicles and trailers in June 2018 than in the same month a year earlier. Shipments rebounded in July but turned negative again in August, and have been falling short ever since.

https://www.bloomberg.com/opinion/articles/2019-09-16/decline-in-rv-sales-is-bad-news-for-manufacturing-trump

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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