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December 14, 2009

Go go go go carefully, go airstream driver

This is either good news: People are buying RVs because the economy is picking up. Or it's bad news: People are buying RVs because they're living in them.

Airstream, a leading recreational vehicle manufacturer in North America, announced today that it has increased its production by 25% since October in order to meet growing market demand. Furthermore, the company is scheduled to expand production by another 25% in January.

In addition to doubling its net output in five months, Airstream’s production backlog has also more than tripled since last year. As a result, Airstream will expand its production workforce by 35% to support the boost in production and demand.

Posted by Jay Hancock at 1:45 PM | | Comments (1)
Categories: The Great Recession
        

Comments

Decades ago, Ames, Ia, hosted a national gathering of Airstreams. Merchants licked their chops at the prospect of thousands of wealthy persons coming to their town. The people came, with nearly everything they needed already in the Airsterams. No big bucks were made.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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