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 .
Fri Jun 24, 2016
Automakers today called for tariff-free trade to be maintained between Britain and the EU after the UK voted for a Brexit, amid warnings that sales and production will be hit in Europe's second-biggest auto market after Germany.
General Motors' European arm Opel said it was important to its UK-based Vauxhall division for Britain to remain part of the European Economic Area to allow the free movement of goods and people within Europe. The European Economic Area is open to EU member states and non-EU countries from the European Free Trade Association, which includes Switzerland, Norway and Iceland.
The RV industry also could be impacted from the withdraw, because it could lead to levies as much as 10 percent on automobiles built in Great Britain.
However, the direct impact of the decision on the RV industry is still unknown at this time.