RVIA Economic Impact Study

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 .

RV Market Increases 11.7 Percent Since Last Year

Fri Aug 5, 2016

145072659275994.jpgThe RV market continued to race ahead through the first half of 2016 with total RV wholesale shipments reaching 226,286 units, an 11.7 percent increase over this same period last year, according to RVIA’s June survey of RV manufacturers.

The monthly total for June was 40,072 units, rising 18.7 percent above June one year ago and marking the third monthly total in excess of 40,000 units this year.

Shipments through June were at a seasonally adjusted annualized rate of nearly 415,000 units and the six-month total this year was the best since 1977.

Towable RV shipments led the way in volume total with shipments reaching 197,515 units through June, an 11 percent gain over the 177,939 units shipped during the same six-month time frame in 2015.

Meanwhile, motorhome shipments showed the largest percentage gain with the market segment up 16.4 percent to 28,771 units compared to 24,714 units last year at the same point.

For more information on RV market statistics and research, visit the “Market Data and Trends” section of www.rvia.org.