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 May 26, 2017
The Outdoor Recreation Industry Roundtable submitted comments to the U.S. Department of Commerce’s Bureau of Economic Analysis designed to facilitate a first-ever federal assessment of the economic importance of outdoor recreation to the nation’s economy. ORIR provided advice on the activities which comprise contemporary outdoor recreation with some additions reflecting likely growth areas in participation.
The Outdoor Recreation Satellite Account was created by the Congress in 2016, supported by a bipartisan coalition led by Senators Jeanne Shaheen (D-New Hampshire) and Cory Gardner (R-Colorado) and Representatives Don Beyer (D-Virginia), Dave Reichert (R-Washington), Peter Welch (D-Vermont) and Cathy McMorris Rodgers (R-Washington). Initial funding has been provided by federal agencies hosting more than a billion recreation visits annually – a key factor in the nation’s estimated $887 billion in economic activity associated with outdoor recreation. The creation of ORSA was actively supported by the recreation industry.
In addition to a recommended definition of outdoor recreation for the assessment, ORIR provided Commerce and the Federal Recreation Council with information on supplemental data sets which can help validate the work of the BEA nationally and assist in developing regional estimates of the industry. The comments were filed on behalf of 19 recreation industry trade associations.
To read the comments made to the Bureau of Economic Analysis, click on the link below.
Additional Information: http://www.funoutdoors.com/files/Comment%20on%20ORSA%20Final.pdf