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RVs and other economic canaries in the coal mine
Publisher |
USA TODAY
Wondery
Media Type |
audio
Podknife tags |
News & Politics
Categories Via RSS |
Daily News
News
Publication Date |
Jan 29, 2023
Episode Duration |
00:15:29
Are we headed toward a recession? It's hard to know for sure but economists everywhere are looking for signs for it or against it. 5 Things Sunday host James Brown explores two economic indicators: the recently released GDP number with USA TODAY's Charisse Jones and the state the RV industry with Ball State economics professor Dr. Michael Hicks. James Brown on Twitter Charisse Jones on Twitter Ball State University's Center for Business and Economic Research Show notes and links GDP report: Economy grew solidly in 4th quarter but recession fears remain. Here's what to know. https://www.usatoday.com/story/money/2023/01/26/gdp-fourth-quarter-report-us-economy-growth-recession/11123731002/ Gross Domestic Product, Fourth Quarter and Year 2022 (Advance Estimate) https://www.bea.gov/data/gdp/gross-domestic-product RV Industry Produces 600,000 RVs in 2021, Surpassing Previous Record by 19% https://www.rvia.org/news-insights/rv-industry-produces-600000-rvs-2021-surpassing-previous-record-19 RV sales surged because of COVID-19, and not everyone is thrilled with their purchase https://www.usatoday.com/story/travel/2022/02/28/rv-sale-costs-rental-experience/6837456001/ Millennials are fueling new growth in recreational vehicle sales https://www.usatoday.com/story/money/cars/2017/05/26/millennials-fueling-new-growth-recreational-vehicle-sales/102082492/ A warning sign has been flashing red: How weak RV sales could mean a 2023 recession. https://www.usatoday.com/story/money/2023/01/03/recession-2023-rv-sales-warning-sign/10971039002/ November RV Shipment Report https://www.rvia.org/news-insights/november-rv-shipment-report-now-available 2022 RV Shipment Surpass 493,000 For Third Best Year On Record https://www.rvia.org/news-insights/2022-rv-shipment-surpass-493000-third-best-year-record

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