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 .
Mon Jun 27, 2016
ELKHART, Indiana - While the RV industry will continue to be a major driver of the area’s economy, Elkhart Mayor Tim Neese says diversity needs to be "job one," and a new coworking space will be a step in that direction. Neese says Launch Elkhart, a partnership with the Greater Elkhart Chamber of Commerce, will be unveiled in the coming weeks.
The Elkhart County economy has been on a roller coaster ride and in the national jobs discussion since 2008, when President Barrack Obama paid a visit. At the time, Elkhart County had the highest unemployment rate in the nation at nearly 20 percent.
Much of the dire economic picture was tied to the region’s historic ties to the cyclical RV sector. It's estimated that about 85 percent of the nation's RV's come from Elkhart County.
Additional Information: http://www.insideindianabusiness.com/story/32313301/elkhart-mayor-looks-to-launch-economy