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 .

Amid Record RV Year, Tight Labor Market Threatens

Mon Feb 6, 2017

The recreational vehicle industry continued on a path of strong growth in 2016, with shipments of new RVs surpassing 400,000 for the first time since the industry began reliably tracking that particular statistic in 1978.

But a tight labor market threatens future growth, with manufacturers finding it harder and harder to fill open positions because of a lack of qualified job candidates.

Shipments of new RVs, including towables and motorhomes, reached 430,691 last year, up 15.1 percent compared with the previous year and 62 percent since the height of the Great Recession.

Additional Information: http://www.southbendtribune.com/news/business/rv-industry-notches-record-year/article_d98c76cb-d5f3-561d-9cb4-5fec5faaee19.html