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 Nov 20, 2017
WASHINGTON—Recreational vehicle retailers from across the country were sipping morning coffee at a convention in Las Vegas earlier this month when word whipped through the hotel’s “dealers’ lounge” that the U.S. Congress was considering tax law changes threatening their businesses.
Republicans in the House of Representatives wanted to jettison a part of the tax code that lets dealers of RVs, cars, boats, even farm and construction machinery, write off all the interest expense of keeping inventories of vehicles on their sales lots.
The RV dealers jumped on the phones to their representatives in Washington, adding to a wave of calls made by members of the National Automobile Dealers Association as well as lobbyists for boat dealers and farm machinery dealers.
“It’s an eyedropper approach,” RVDA President Phil Ingrassia told The Huffington Post, who marshaled their effort from the Bally’s Hotel. “Just get heard.”
By the end of the day, the crisis had passed, at least temporarily. The House had backed away from repealing the tax deduction for what dealers call floor-plan interest expense, or the financing costs they incur for vehicles on their lots, but they must still convince the Senate.