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 .
Fri Mar 31, 2017
The RVAA Executive Conference registration has been open for only a few days and there are already more than 20 companies signed up, according to RVAA President Susan Carpenter.
Registration for the conference closes on Friday, June 9.
"I can't think of a better way to celebrate the season than by continuing to build momentum for the RVAA Executive Conference in San Diego this August," Carpenter says in a president's message to RVAA members.
Carpenter also said that the recent survey the association sponsored came back with 80 percent of respondents saying their aftermarket net income has grown over the past year.
According to the survey, these three conclusions were reached:
Eight out of 10 respondents reported net income/profitability from their RV aftermarket business has increased over the past 12 months.
Among those respondents, 10 percent reported substantial growth, 43 percent are experiencing moderate growth and 29 percent are seeing net income grow slightly.
The majority of all respondents (75 percent) indicate their current inventory in relation to market conditions to be just right, with 20 percent stating their inventory as too low and 5 percent at too high.