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 Aug 8, 2016
Nick Smarto bought his second recreational vehicle last year because he has always loved the open road.
“I'm really a huge fan of music festivals and camping, and I love that idea of having everything with you,” the 29-year-old Pittsburgh man says. “You don't really have to over-plan a trip; you can just kind of pick a direction and go.”
He's one of a growing number of Western Pennsylvanians — many of them millennials like Smarto — buying RVs and pumping new life into an industry that was struggling a few years ago.
National RV sales have been climbing steadily for the last six years, making a recovery after the nation's economic crash sent them plummeting from 2007 to 2009, according to data from the Recreation Vehicle Industry Association.
Additional Information: http://triblive.com/news/westmoreland/10854402-74/industry-valero-rvs