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 .
Wed Aug 9, 2017
CONWAY, N.H. — Hill's R.V.'s, locally owned by Craig and Sharon Hill, — is riding the boom: the baby boom, that is.
Baby boomers are fueling the upswing of new and used recreational vehicles, both nationally and locally, Sharon Hill says.
"We get a lot of people stopping by who are looking to soon retire in a year or two, and they are out there in our lot, exploring what we sell," she says, according to a story by the Conway Daily Sun.
But along with the boomers, dealers report they also are seeing a new trend: younger couples buying RVs. Gleaming new vehicles equipped with features such as outdoor second kitchens, fireplaces and space enhancing slide-outs, in campers priced below $30,000 have played a role in attracting the millennial market, according to national media reports.