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 25, 2016
The highway seems to run to the horizon for the RV business these days.
The ranks of American retirees with time, money, and wanderlust are growing, further enabled by lower gas prices. New RV shipments have risen an average of 13 percent a year since 2009, and there’s no stop sign in sight.
Because of the growth, Wall Street is catching on to the immense growth of the industry. Shares of Thor Industries and Winnebago Industries have risen by more than 30 percent since February. Now, Camping World Inc. has announced it plans to go public, with Goldman Sachs and JP Morgan as underwriters.
Additional Information: http://www.barrons.com/articles/camping-world-takes-its-act-on-the-road-1469247036