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 .
Tue Feb 6, 2018
Canadian RV sales continued to be strong in the fourth quarter of 2017, allowing the industry to recoup past losses and establish new gains, according to information from the Recreational Vehicle Dealers Association of Canada.
“After a few years of dwindling RV unit sales, growth was very strong in 2017,” states RVDA of Canada’s 2017 Fourth Quarter Economic Review. “Much of the lost sales from previous years were recovered during this period.
“With data through November, unit sales were up 14 percent after a huge November in which sales were up more than 20 percent compared to the same month in 2016.
The report cited all classes of motor homes leading the way in terms of growth, up more than 40 per cent over 2016 levels of demand. “Within that segment, class B and C were both up more than 50 percent, very strong growth for relatively large-ticket items last year,” the report states.
However, the market for towables, accounting for much more of the total sales, was also strong.