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 .

Initial Estimates at Capital RV Fire Put Losses at $2.5 Million

Tue Jun 20, 2017

The fire that occurred at Capital RV in Bismarck, North Dakota on Sunday lasted several hours before the fire department was able to put out the blaze.

Initial estimates put losses at about $2.5 million, but Capital RV Owner Bruce Bentz says that he thinks the damage will be at least double that, according to a story by KRYRTV.com.

The fire destroyed the south end of the building, while the entire service center and the RVs inside it are estimated to be a total loss, Bentz says. However, the damage could have been much worse if the fire ignited the propane tanks in the service center and caused an explosion. That did not occur and no one was injured during the fire.

Additional Information: http://www.kfyrtv.com/content/news/Fire-causes-about-25-million-in-damages-at-Capital-RV-in-Bismarck-429527873.html