(CNN) – Interested in buying a recreational vehicle? So are many others, which could be good news for the economy.
The RV Industry Association is reporting shipments for the high-ticket items are moving up for the year.
Those orders are based on projected sales.
In the past, RV sales have correlated with recessions and booms. That’s because they’re such big-ticket luxury purchases, people don’t usually buy them unless they’re feeling pretty good about things.
If the industry is right and sales do improve, it could be a sign consumers have plenty of disposable income.
That would correlate with expectations the Federal Reserve will start lowering interest rates this year.
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