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RV sales are plummeting, which could mean a recession is on its way a?? and President Trump's trade war isn't helping the struggling industry

RV sales are plummeting, which could mean a recession is on its way a?? and President Trump's trade war isn't helping the struggling industry
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Recreational vehicle sales have consistently fallen in every month of 2019 compared to last year.




Experts worry that the RV decline could be yet another sign that an economic recession is forthcoming.




Last week, the "yield curve" between short- and long-term Treasury bond yields inverted for the first time in a decade. The change has preempted each of the last seven recessions.




Visit Business Insider's homepage for more stories.



Forget the yield curve. Sales of recreational vehicles could be another ominous recession warning that's now also flashing red.
RV shipments have come in below 2018 levels during each month of 2019 thus far, according to data from the RV Industry Association, totaling a 20% drop compared to last year, and experts say the decline could be a harbinger of more damning economic data to follow.
"The RV industry is better at calling recessions than economists are," Michael Hicks, a professor of economics at Ball State University, near the' hearth of American RV production in Indiana, told The Wall Street Journal on Monday.
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