New and used RV search gap – New recession indicator

by His-Disgrace

So I saw somewhere once that the number of RV sales declining is a recession indicator but I used google trends to look at the gap between Used and New RV searches on google. Here’s the general image:

i.redd.it/1p4whjmh0ii31.png

And here’s the gap between used and new RV searches (at it’s maximum) each summer:

i.redd.it/716w7i1u0ii31.png

The data is limited but the decline we just saw is akin to what we saw in 2006. If the indicator is accurate then we’re guaranteed a recession within 24 months.

 

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