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 .
Fri Sep 7, 2018
Author: RV News Staff
While Elkhart County is known as the Recreational Vehicle Capital of the World, companies in more diversified sectors are also enjoying significant growth, according to a recent report.
"I think (the economy) is a little stronger than people might realize and it's beyond just the RV market," Welch Packaging CEO Scott Welch said during an Elkhart Town Hall edition of Inside Indiana Business With Gerry Dick. Welch’s company manufactures custom corrugated boxes.
Welch says Elkhart is rich with a variety of industries. "It's more balanced than people see," he said. "There's a lot of small manufacturing companies that produce plastic and rubber and wood and metal that people never even hear of and so there's a lot of small manufacturing in Elkhart that supports into the RV markets, but also they diversify into the industrial markets, as well."