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 .
Mon Jul 17, 2017
Motorhomes business Apollo Tourism and Leisure's timing was off when it expanded from its Australian base into the United States in 2008, with Los Angeles as the springboard.
The Global Financial Crisis and the financial system mayhem which began among sub-prime mortgage lenders in the U.S. quickly resulted in several financiers across the leisure market refusing to finance acquisitions of recreational vehicles.
But like the resolute tourists from Germany and the Netherlands who are keen renters of Apollo's motorhomes and vans for extended road trips around the United States, Apollo fine-tuned its operations and powered on.
It now commands about 9 percent of the total RV rental market in the United States and has 600 vehicles in its fleet, according to a story by Financial Review.