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 Oct 3, 2016
THE RVAA Executive Conference was one of the best events the association has put on, according to a press release from the RVAA. The aftermarket business conducted during the event is contributing to the strength of the overall RV industry.
The Loews Hotel in Chicago proved to be a prime location to the downtown destinations, along with accommodations and an opening reception on the rooftop, which Conference Committee Chair Chris Carpenter says was a picture-perfect way to kick off the week.
Business Expert Mike Marks was the first keynote speaker and spoke about the changes in the RV aftermarket industry. He then shared an action plan for success and company growth. While conversations about mergers and consolidation can be tough to have, Marks tackled it head on by giving an insightful overview of how these changes will affect the industry. The event wrapped up with some overdue recognition. Darryl Searer, founder of UltraFab Products and President of the RV/MH Hall of Fame, was awarded the prestigious Jim Barker Award.
The Committee now continues its planning and preparation for next year's event.