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 Sep 28, 2017
WASHINGTON, D.C. - Recently-released figures show the Elkhart-Goshen metropolitan area is one of the fastest-growing in terms of Gross Domestic Product in the country.
The Bureau of Economic Analysis says the Elkhart-Goshen metro area notched a $15.5 billion annual GDP in 2016, compared to a 2015 figure of $14.4 billion. In an interview with Inside INdiana Business Television last month, Greater Elkhart Chamber of Commerce Chief Executive Officer Kyle Hannon said the surging recreational vehicle industry is fueling economic growth.
The BEA says GDP grew in 40 of the Great Lakes Region's 55 MSAs last year. Out of the 15 MSAs that include Indiana communities, all but three -- Evansville, Terre Haute and Columbus -- show increases year-over-year.