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 Sep 28, 2016
WASHINGTON - Republican lawmakers pushed back against the Obama administration’s signature plan to boost the average new vehicle’s fuel economy to more than 50 mpg by 2025, with Rep. Joe Barton, R-Texas, saying the plan should be repealed.
Barton was the only lawmaker in a U.S. House Energy and Commerce Committee hearing to suggest that the more than 40-year-old regulations setting mpg standards for U.S. cars and light trucks should be repealed. Yet other GOP members of the committee criticized the Obama administration’s 2025 fuel economy standards, which are undergoing a midterm evaluation by regulators, automakers and other stakeholders to determine whether they should remain the same or be changed. A final decision is due in 2018.
Committee Chairman Fred Upton, R-Mich., said gas prices hovering around $2 a gallon will make it more difficult for consumers to recoup the higher sticker prices of hybrids and other highly efficient vehicles through fuel savings.
Additional Information: http://www.autonews.com/article/20160921/OEM11/160929935/gop-lawmakers-challenge-cafe-standard