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 Mar 1, 2018
The Los Angeles Times is reporting that President Donald Trump is preparing to issue a decision, perhaps today, on applying tariffs or other restrictions on imported steel and aluminum from China and the rest of the world.
“There was no official word of an announcement, but the administration has called domestic steel and aluminum company executives to the White House for a meeting late Thursday morning, according to a person familiar with the plans,” the paper reports. “And Trump early Thursday tweeted: ‘Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world. We must not let our country, companies and workers be taken advantage of any longer. We want free, fair and SMART TRADE!’”
The effect on the RV industry is somewhat in question, especially lacking details about the depth of the tariffs. However, the issue is being closely followed by the Recreational Vehicle Industry Association. Rep. Jackie Walorski, R-Indiana, has also told Trump tariffs for imported steel and aluminum will run flat with RV manufacturers in her state.
The Times says Trump has been weighing various options to limit imported steel and aluminum, which accounts for about a quarter of American consumption and has left domestic mills running well below capacity. “A decision to impose tariffs or quotas would represent one of Trump's strongest actions to follow through on his campaign promise to get tough on trade and protect American manufacturing,” the paper says.