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 .
Wed Aug 24, 2016
Washington, D.C. - The National Marine Manufacturers Association (NMMA) and the Recreation Vehicle Industry Association (RVIA) are hosting a manufacturing roundtable with Congresswoman Jackie Walorski, R-Indiana on Aug. 25, as she visits Elkhart to showcase the thriving RV and recreational boating manufacturing industries in Indiana’s Second Congressional District and their impact on the local community and state, as well as the national manufacturing economy.
The roundtable will take place at at the Lexington Engineering Center, located behind Dynamax and Forest River Marine off of County Road 6. The address is 2505 Banks Court in Elkhart. Attendees would turn off County Road 6 onto Northland Drive heading south. At the dead end, turn right onto Tuscany Drive, then left onto Banks Court. It’s the first building on the right.
“Champions like Congresswoman Walorski, who recognize the importance of domestic manufacturing, help to ensure that businesses have the ability to invest in local communities like Elkhart, provide thousands of jobs, boost the economy and produce innovative products in outdoor recreation for all Americans to enjoy,” NMMA President Thom Dammrich says. “We look forward to welcoming the congresswoman to Elkhart and showcasing one of boating’s strongest manufacturing regions in the U.S. and one of our nation’s uniquely American-made industries.”
“Since the end of the Great Recession, the RV industry and Elkhart, Indiana have come roaring back with RV shipments up more than 125 percent since the market bottomed in 2009,” RVIA President Frank Hugelmeyer says. “As a longtime friend and advocate of the RV industry, Congresswoman Walorski has a deep appreciation for the outdoor recreation industry, the important role it plays in the larger national economy and how it has helped drive an economic rejuvenation in Elkhart.”
In Indiana’s Second District alone, recreational boating supports 1,700 jobs across 76 businesses and contributes $321 million to the district’s economy annually. Recreational boating in the state of Indiana has created nearly 12,000 jobs across 430 businesses statewide and contributes $2.3 billion to the local economy annually.
What’s more, Indiana is the capital of RV manufacturing with 80 percent of all RVs built in the state. The RV industry contributes a total direct economic statewide output of $6.8 billion through the work of 481 businesses employing more than 22,400 people. The bulk of that economic impact is generated by RV-related businesses located in Indiana’s Second district, home to 157 businesses employing more than 14,200 workers and generating a total economic impact of $4.6 billion.
Walorski is scheduled to see the latest products at Dynamax’s facility and meet with several other manufacturers to address topics including trade, regulation and the upcoming election. NMMA and RVIA manufacturing members in Elkhart have been invited to attend and include Dynamax Corporation/Forest River Inc., ASA Electronics, Bennington, BJ Thompson Associates, Dicor Corporation, Furrion, Godfrey Marine/Highwater Marine, Kropf Industries Inc., Lippert Components and Transhield.