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 .
Wed Mar 14, 2018
Forbes analyst Ken Berman has recommended Thor Industries, Winnebago Industries, and Camping World Holdings as RV stocks worthy of buying in a recent column. Forecasts by the Recreational Vehicle Industry Association suggesting that consumer spending, fuel prices and interest rates are favorable to stocks such as these three companies, Berman says. In addition, profit taking in Thor and Winnebago stocks since the beginning of the year have made equities in those two firms attractive.
As for Camping World, its 120 locations (with several more announced in just the past three days) and the company's broad offerings in new and used RVs, parts and service, and financial and insurance products, make that company attractive to investors, Berman says.