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 .
Thu Jun 8, 2017
After being in business for about 3 1/2 years, Cruise Inn has officially closed its doors after the board of directors made the decision.
Cruise Inn CEO Trent Arnold said that the board and the company believed the innovative business model the company employed of working with parks, campgrounds and other businesses throughout the RV industry to help RVers find reliable, comfortable and cost-effective camping solutions would have caught on quicker, but it hasn't responded the way the board was wanting to see.
"Our key message is we're proud of what we've done and we're excited for our parks and those who have embraced what we have done," Arnold said. "We're helping the parks transition and working with all our vendors and parks. In that regard, we're batting 1.000. Our primary responsibility was to do this with as little disruption as possible."
The company is still transitioning with the parks and campgrounds and the staff will still be answering calls and doing office work for the next week or two before all of the handoffs are completed, Arnold said.
Arnold was named CEO of the company about one year ago and he said there is potential for the company to return.
"There is potential for that," he said. "All of the executives on the board believe there's a tremendous potential for this kind of business."