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 Nov 30, 2017
WASHINGTON – U.S. Secretary of the Interior Ryan Zinke announced Thursday that Interior’s Office of Natural Resources Revenue (ONRR) disbursements from energy and minerals production on Federal and American Indian lands and offshore areas totaled $7.11 billion in Fiscal Year 2017, an increase of nearly $1 billion over the previous year. States received $1.44 billion, Tribal governments and individual mineral rights owners received nearly $676 million, and $950 million went toward the Land and Water Conservation Fund, which invests in outdoor recreation opportunities and conservation in America's state and local parks. The funds are derived from energy and minerals production on Federal and Indian lands and U.S. offshore areas. These revenues are a critical source of non-tax funding.
“Under President Trump’s American Energy Dominance agenda, we’ve increased energy funds by a billion dollars in our first year alone. That money goes right back to communities for things like public works projects, educational improvements, conservation and parks, and infrastructure upgrades,” Secretary Zinke said. “Energy is about more than just electricity and gas, it’s about a strong economy and strong communities. As the administration continues to cut red tape and end the overregulation of responsible energy development, we will be able to direct more funds to local communities and create more good-paying American jobs.”
Chairman of the House Committee on Natural Resources, Rep. Rob Bishop (R-Utah), said, "These additional revenues to states, including my home state of Utah, are just the beginning. They make a big difference – they pay for schools and public services. This critical stream of revenue supports rural communities across the country. I hope to see steady increases in these revenues as we continue to work with the administration to unlock American’s energy potential."
Congressman Steve Pearce (R-N.M.) said, “The New Mexico economy relies greatly on natural resource production and development. With energy production comes good-paying jobs, lower energy costs, and much needed revenues for local New Mexican communities. This money, disbursed by the Office of Natural Resource Revenue (ONRR), will go back to New Mexico to help fund teacher’s salaries, improve our roads, and develop our communities so people and businesses can have access to greater opportunities to succeed,”
ONRR disbursed nearly $1.44 billion of the FY 2017 energy revenues to 36 states, as their cumulative share of revenues collected from oil, gas, and mineral production on Federal lands within their borders and from offshore oil and gas tracts in Federal waters adjacent to their shores. The top states receiving FY 2017 revenues were: