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 .
Wed Dec 28, 2016
The Outdoor Recreational Industry Roundtable has released its final draft of Promoting Outdoor Recreation to the United States Government, attempting to strengthen the larger outdoor industry economy to the incoming political administration.
According to the draft, if America is going to sustain or grow its market share in the competition for global tourism and recreation spending, it is more important now than ever to promote and invest in America's outdoor recreation, tourism and hospitality economies.
With a new administration moving into the White House, the Roundtable has taken the approach to get the outdoor recreation industry on the administration's mind as it takes over the top job.
The industry creates billions of dollars in economic impact from manufacturing, retail sales and user fees, including the following:
-$120 billion in yearly outdoor recreation product sales.
-$121.5 billion in spending related to the recreational boating industry.
-$110 billion in economic contributions from the hunting and target shooting industries.
-$49.7 billion in economic contributions from the recreation vehicle industry - responsible for more than 289,000 full-time U.S. jobs, $15.8 billion in wages and benefits and $5.7 billion in federal, state and local tax revenue.
-$40.9 billion in economic impact from the powersports industries.
-$27 billion generated by the snowmobile industry.
Additionally, data collected by the Department of Commerce shows the wide variety of activities that international visitors participated in while visiting the United States. These include:
-60 percent reported visiting a national park or monument.
-11 percent participated in water sports.
-8 percent participated in camping or hiking.
-6 percent participated in environmental excursions.
-2 percent participated in hunting or fishing.
-2 percent participated in snow sports.
The roundtable presented solutions in investing in the promotion of the outdoor recreation industry. The closing paragraph of the statement reads as follows:
"The next Congress and President Trump should work together to expand programs that promote participation in outdoor recreation within the U.S. and around the world. The next Administration, in collaboration with lawmakers, must remain an energetic advocate of all forms of outdoor recreation, encouraging and supporting the growing interests of the outdoor recreation community."