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 Jul 1, 2016
An economic valuation of the National Park Service Lands and Programs was completed by three economists from two universities that estimated the total economic value of the parks at $92 billion.
The study, completed by Michelle Haefele and John Loomis of Colorado State University and Linda Bilmes of Harvard University, estimated that two-thirds of that total is for national park lands, waters and historic sites, while the remaining $30 billion is attributed to NPS programs.
The estimate, which is based on conservative assumptions, includes not only the value attributed by visitors to the parks, but also a significant “non-use” or “existence” value, according to a press release. This is the value derived by the public from simply knowing that NPS assets are protected for current and future
generations, regardless of whether or not they actually choose to visit.
The results are derived from a survey of a sample of U.S. households conducted for this study. Participants were asked whether they would be willing to pay specific amounts in increased annual federal income taxes over a 10-year period in order to retain the current National Parks and NPS Programs. This methodology is consistent with the techniques employed by numerous Federal agencies for economic valuation. The results reflect rational economic behavior — the higher the dollar amount in
increased taxation, the less likely respondents were to pay. This indicates respondents were paying close attention to the payment amounts.
Overall, nearly 95 percent of responding households indicated that protecting National Parks, including historic sites, for current and future generations was important to them. This was largely independent of visitation; 85 percent of respondents felt that they personally benefitted from National Parks, regardless of whether they visited the parks or not.
The study was conducted independently of the National Park Service. The research was funded through the generosity of the S.D. Bechtel Jr. Foundation, the Turner Foundation, Cody J. Smith of the Summit Foundation, the National Park Foundation and UPD Consulting Inc. and under the auspices of Colorado State University and Harvard University.
For the full study, visit www.nationalparks.org/npf/PDF_files/NPS-TEV-Report-2016.pdf