The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Thu Jun 23, 2016
The Supreme Court ordered the Department of Labor to clarify its overtime regulations on Monday.
Six justices on the high court asked a lower California court to revisit the validity of Labor Department rules that classified service consultants as employees deserving of overtime pay. A California auto dealership had challenged the interpretation of the rule before federal courts after advisers sought overtime pay. Associate Justice Anthony Kennedy said in the majority opinion that the department’s actions were not necessarily protected by judicial deference because they may have been “procedurally defective.”
The debate that happened Monday focused on automobile dealerships, including those selling recreational vehicles, although the direct implications to the industry are still unknown.
Additional Information: http://freebeacon.com/issues/supreme-court-says-labor-dept-must-clarify-overtime-rules/#