Millennials are jumping into RVs

• Winnebago (NYSE:WGO) is up 4.6% in a strong move that might have something to do with a weekend report from the New York Post indicating that millennials are helping to boost RV sales in the U.S.
• RV sales will more than double this year from the level of the recession year of 2009, according to the Recreation Vehicle Industry Association which was cited in the Post article.
• The RVIA estimates wholesale RV shipments of 396.4K this year and 404.8K in 2017. Towable RVs are seen hitting 345.5K units in 2016 and 352.3K in 2017. The industry watcher confirms that "increasing numbers" of millennials are jumping into the RV market.