A dealer’s take on the economy
Wednesday, October 8th, 2008
Recently I spoke with a California dealer to ask his thoughts on the RV sales, the industry outlook and the economy. I mentioned that many thoughts that I have heard from a multitude of sources suggest that when the uncertainty of the election is over and the “bail-out” bill takes effect the industry will settle down and be more positive.
This dealer does not believe that the election or the overall economy is the problem. He thinks that the home mortgage situation is more important. If that portion of the credit industry will stabilize it will be much more significant than the overall economy outlook or the election. What do you think?