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 Jul 18, 2016
Indiana Gov. Mike Pence isn't quitting his day job just yet. Pence introduced several new policy proposals, as well as an executive order, meant to foster entrepreneurship. The initiatives range from investing state pension money in fast-growing companies to making venture capital tax credits transferable.
Pence unveiled his plan during a 9:45 a.m. address to the Innovation Showcase at the Dallara IndyCar Factory in Speedway. The Innovation Showcase is an annual event that connects investors with businesses. Pence plans to tout the policies as a $1 billion investment in entrepreneurship over 10 years, state officials said, although the eventual number is likely to be much different.
Pence's proposals came just a few days before he was named Republican presidential nominee Donald Trump's running mate on Friday.