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
ELKHART, Indiana - This city once had the highest unemployment rate in the nation. Now, though, it’s booming. The once-shuttered factories of the recreational vehicle industry, which is concentrated here, are full of workers, their parking lots packed with employees stepping over snow banks to work long hours to fulfill consumer orders.
This city exemplifies the economic recovery the country has experienced since the Great Recession ended. Elkhart’s unemployment rate, which had reached a high of 22 percent in March of 2009, is now at 3.9 percent. Hiring signs dot the doors of the Wal-Mart, the McDonald’s and the Long John Silver’s. The RV industry makes 65 percent of its vehicles in Elkhart, and the industry is producing a record number of vehicles, which is creating a lot of jobs in this frosty town in northern Indiana.
“America’s economy is not just better than it was eight years ago - it is the strongest, most durable economy in the world,” President Barack Obama said during a visit to Elkhart in June, in which he touted the economic recovery. “Elkhart would not have come this far if we hadn’t made a series of smart decisions, my administration, a cooperative Congress - decisions we made together early on.”
But despite the decisions that the Obama administration made that might have helped Elkhart, many people there have a strong dislike of Obama, who presided over an economic recovery in which the unemployment rate fell nationally to 4.6 percent from a high of 10 percent in October 2009. They say it’s not Obama who is responsible for the city or the country’s economic progress, and furthermore, that the economy won’t truly start to improve until President-elect Donald Trump takes office.
Elkhart is a case study in how Democrats lost the 2016 elections despite the economic resurgence the country experienced under Obama. It shows how, in an increasingly polarized country, an improving economy is not enough to get Republicans to vote for Democrats, in part because they don’t give Democrats any credit for fixing the economy. Gallup, for instance, found that while just 16 percent of Republicans said they thought the economy was getting better in the week leading up to the election, 49 percent said they thought it was getting better in the week after the election. And in a Pew poll in 2015, one in three Republicans said the economy wasn’t recovering at all, while just 7 percent of Democrats said that. This bias is true for Democrats, too, of course. Before the election, according to the Gallup poll, 35 percent thought the economy was getting worse, while after the election, 47 percent of Democrats thought that.
Additional Information: https://www.theatlantic.com/politics/archive/2016/12/its-not-the-economy-stupid/511634/