RVIA Economic Impact Study

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 .

Texas Hoping Canadians Migrate South for Winter

Wed Oct 12, 2016

HARLINGEN, Texas — The annual migration of Winter Texans is headed to the Rio Grande Valley.

Each year, around 100,000 seasonal residents arrive, and although those numbers are down nearly 50,000 from a high in 2009-10, Winter Texans remain a crucial component of the Valley’s economic base.

In 2015-16, the estimated economic impact of the visitors was $760 million, according to a study conducted every other year by the University of Texas Rio Grande Valley’s Robert C. Vackar College of Business and Entrepreneurship.

Additional Information: http://www.themonitor.com/news/business/will-low-dollar-exchange-rate-diminish-number-of-canadian-winter/article_d041d7b4-c48c-55aa-a521-1ddc9a4d93aa.html