2019 RVIA Economic Impact Study

The new RVs Move America Economic Impact Study, released June 3, 2019 at the annual meeting of RVIA, revealed the RV industry has an overall economic impact on the US economy of $114 billion, supporting nearly 600,000 jobs, contributing more than $32 billion in wages, and paying more than $12 billion in federal, state, and local taxes. The announcement was made by Garry Enyart, RVIA chairman, and Onan/Cummins Director of Mobile Generator Sales & Coach Care.

For more information on the $114 billion total economic impact and what it includes, click here.

Unemployment Down in Most Metro Areas From May 2017

Mon Jul 2, 2018
Author: RV News Staff

In May 2018, U.S. unemployment rates were lower than they were a year earlier in 350 of the 388 metropolitan areas, higher in 20 areas, and unchanged in 18 areas, according to the Bureau of Labor Statistics.

A total of 191 metropolitan areas had jobless rates below the U.S. rate of 3.6 percent, 175 areas had rates above it, and 22 areas had rates equal to that of the nation. In May 2017, the national unemployment rate was 4.1 percent.

At 1.5 percent, Ames, Iowa, had the lowest unemployment rate in the nation in May. Yuma, Arizona, had the highest rate, at 16 percent. Farmington, New Mexico, had the largest over-the-year unemployment rate decrease (–2.2 percentage points), and Morgantown, West Virginia, had the largest over-the-year unemployment rate increase (+0.8 percentage point).

For an interactive map that shows current and 2017 unemployment rates for each major city, click HERE.

Midland, Texas leads employment gains in year ending May 2018

From May 2017 to May 2018, nonfarm payroll employment increased in 332 metropolitan areas, decreased in 52 areas, and was unchanged in 4 areas.

The largest over-the-year percentage gains in employment occurred in Midland, Texas (+11.3 percent), Ocean City, New Jersey (+7.4 percent), and Lafayette-West Lafayette, Indiana (+7.0 percent).

To see a full list of cities that led employment trends, click HERE.