With gas prices falling below $1.50 a gallon in some parts of the metro, dealers at the 48th Minneapolis/St. Paul RV, Vacation and Camping Show smiled Thursday when doors to the Minneapolis Convention Center opened up to welcome vacation-hungry gawkers, tire kickers and buyers.
The stock market has swooned of late. But employment is up and the overall economy has recovered sufficiently to further fuel an RV-buying binge now 10 years in the making.
RV ownership in the U.S. rose almost 13 percent from 2005 to last year, with about 9 percent of households now owning a wheel-based camper of some kind.
In fact, more RVs were dispatched from manufacturers to dealers in November than in any month during the past 10 years. Another 375,100 units are expected to be shipped this year.
Retired couples still make up a large segment of RV owners. But buyers are trending younger. People ages 35 to 64 are purchasing RVs faster than any other group, with the average age of an owner being 48.
Interest in RVs is high for many reasons, including:
• State parks — Minnesota being a prime example — offer great locations with relatively inexpensive camping fees and, of late, more of the amenities campers want, including electrical hookups and in some cases Wi-Fi.
• Campers, travel trailers and motor homes manufactured today (the industry is located virtually entirely within the U.S.) are far more dependable than earlier models, also more comfortable and they weigh far less.