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 .

October RV Shipments Up 14.5 Percent

Mon Dec 5, 2016

145072659275994.jpgTotal RV Shipments were up 14.5 percent in October from last year's monthly shipments, while the cumulative yearly change is a positive 13.8 percent.

All motorized RVs were up 11 percent in October at 4,686 RVs, with the type C motorhomes increasing by 27.6 percent, the largest change in the motorized section. Type A motorhomes went down 6.1 percent from October 2015, but the year to date is still up by 3.1 percent from last year, according to a report by the Recreational Vehicle Industry Association.

Towables also were up 15.1 percent in October from last year at 34,079 trailers, with the largest increase occurring with the folding camping trailers, up 37.3 percent. Truck campers were down 23.5 percent and that section of RVs is down 7.3 percent year over year, coming in at the only negative change from a cumulative standpoint.

Fifth wheels were up just 0.2 percent in October, but are up 5.5 percent over the full year to date.

Bill Baker, the senior director of communications of RVIA, says if this sort of trend continues, 2016 would be the seventh consecutive yearly increase and represent the best total shipments in 40 years.