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 .

Indiana Manufacturers See Growth Lag for Second Straight Year

Thu Oct 20, 2016

Indiana’s manufacturers see their prospects for growth lagging for the second year in a row, according to a study released Wednesday by accounting firm Katz, Sapper & Miller.

Their roadblocks to prosperity include health care regulation, diminishing returns on new technology and improvement processes, and a stalled national economic recovery.

More than 80 percent of survey respondents say their company’s recent financial performance is stable or better, the survey showed. But the respondents also say their expected growth rates for revenue, profit and capital investment are lower than in recent years.

Additional Information: http://www.ibj.com/articles/60880-indianas-manufacturing-industry-losing-steam-survey-says?utm_source=ibj-daily&utm_medium=newsletter&utm_campaign=2016-10-19