RVIA Economic Impact Study

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 .

RV Prices Remain Stable at Auction

Thu Mar 8, 2018

152055210613875.pngRV prices at auction remained stable, though decreasing slightly for the second month in a row, according to Eric Lawrence, director of specialty markets at Blackbook.

“For the second month in a row, the values of RVs sold at auction, including motorized and towable, were very stable, with changes of less than 2 percent," Lawrence says. “They even went in the same direction this time; down a touch. With the prime spring selling season right around the corner, we’re beginning to see dealers stocking up on what they feel will be in demand in the coming months. I expect auction volume to increase as we move further into the new year.”

For towables, including travel trailers and fifth wheels:

• Average selling price was $13,301, down $232 (1.7 percent) from the previous month
• One year ago, the average selling price was $12,300
• Auction volume was up 5 percent from the previous month

For motorhomes including types A, B, and C:
• Average selling price was $45,705, down $430 (0.9 percent) from the previous month
• One year ago, the average selling price was $42,697
• Auction volume was unchanged from the previous month