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 .
Mon May 14, 2018
Author: RV News Staff
Faye Morero was a prominent RV dealer in Bakersfield, California, whose marketing campaigns promised she'd "take anything in on trade" -- even pigs.
But local news agency KEGT broke the story late last week that Morero, 71, had been booked into the Kern County jail; she's being held in lieu of $2.8 million in bail.
The District Attorney's office has charged Morero with 47 felony charges of grand theft and one count of conspiracy. Prosecutors allege she and her company embezzled $2.8 million.
Court documents say the California DMV and the Kern County Sheriff's Office starting getting complaints about the business about two years ago. Customers say they left their RVs at the business to be sold, for which they were supposed to receive cash.
Ken Searcy, 69, was arrested shortly after and is charged with 47 felony counts of grand theft, and one count of conspiring to commit a crime, according to Kern County Superior Court.
Charging documents also say Morero and Searcy made the decision at several meetings to not pay off bank loans, consumers, or banks and instead use the money for other bills, including commissions paid to sales people.
Long-time owner of RV Peddler, Tony Morero, died several years ago. The business also has a Yuma, Arizona location.