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
A manufacturer of RV refrigerators looks to be adding to its Sidney, Ohio facility.
Norcold Inc., headquartered in Sidney, received a Shelby County building permit to build a new storage facility for refrigerator parts.
The addition at the company's 600 S. Kuther Road facility could be a reflection of the improving RV industry, which has been seeing climbing sales. RV makers were devastated during the recession but have been making a comeback, reaping the benefits of low gas prices and interest rates.