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 .

Federal Judge Blocks Overtime Rule

Wed Nov 23, 2016

A federal judge has blocked the U.S. Department of Labor's overtime rule from taking effect on Dec. 1. Agreeing with arguments posed by concerned states and an array of business groups, the judge issued a preliminary injunction preventing the rules from being implemented on a nationwide basis.

RVDA was among the business associations that urged the federal agency to consider regional income differences and modify the proposed rule's formula for updating overtime thresholds.

The Fair Labor Standards Act says that employees can be exempt from overtime if they perform executive, administrative or professional duties, but the rule "creates essentially a de facto salary-only test," wrote U.S. District Judge Amos Mazzant.

The fate of the overtime rules is now uncertain, according to a statement by the labor law firm Fisher Phillips.

"The Trump administration will take over the USDOL in less than two months' time, and the incoming administration has repeatedly indicated that it wants to eliminate unnecessary regulations hampering the business community," the law firm says. "Unless an appeals court reverses course in the next several weeks and breathes new life into the rules, it is quite possible that the rules will be further delayed, completely overhauled or altogether scrapped once President Trump takes office."

For more information and legal arguments surrounding the judge's decision, follow the link below.

Additional Information: https://www.fisherphillips.com/resources-alerts-court-preliminarily-halts-overtime-rules-with-last