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 Oct 23, 2017
Washington, D.C. – Recreational activities continue to be a mainstay of the American lifestyle and economy according to the American Recreation Coalition’s new report Outdoor Recreation Outlook 2018.
Outdoor recreation industry leaders report good sales and increased activity for 2017 and project still stronger activity in 2018. Americans spend more than $887 billion annually on equipment ranging from skis and tents to RVs and boats and on services ranging from fishing licenses to zip lines, supporting millions of jobs in manufacturing, sales and service.
Vehicle sales remain strong. According to the Recreation Vehicle Industry Association, the market for RVs has maintained its strength and sales of new units are expected to reach 419,500 units in 2017 and 429,300 units in 2018. Looking further out, forecasts for 2019 RV sales remain favorable with total shipments expected to finish at more than 490,000 units, marking a ninth consecutive year of gains, the longest ever recorded.
Recreational use of on- and off-highway motorcycles, ATVs, and ROVs is also growing. Nearly 30 million Americans ride motorcycles on and off roads, and ATV ridership is some 35 million annually according to the Motorcycle Industry Council. The industry contributes nearly $109 billion in direct spending to the U.S. economy annually and more than 1.5 million jobs.
Sales of new snowmobiles in 2017 declined slightly due to poor snow cover and higher than normal temperatures in the Northeast region of the United States, according to the International Snowmobile Manufacturers Association. However, average use of snowmobiles remained steady with a slight increase in the Western snowmobile states. Fall shows for the 2018 sales year are reporting large, enthusiastic crowds with sales increasing 10 percent compared to last year’s shows.
KOA – the nation’s largest private campground system – reports a very strong year across the board. According to KOA’s 2017 North American Camping Report, camping remains one of the most popular, affordable and accessible pastimes in North America. An estimated 13 million U.S. households planned to camp more in 2017 than they did in 2016, and more than 1 million new households have started camping each year since 2014.
The full report is available by clicking here.