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 .

Crestview RV’s Mike Regan New RVDA Chairman

Thu Nov 8, 2018
Author: RV News Staff

152226243415734.jpgMike Regan of Crestview RV Center takes the gavel and the helm as RVDA’s incoming chairman for 2019.

“Past chairman Brian Wilkins said he had a dream that one day a dealer could type a unit’s VIN into the computer and have every part it contained pop up on the screen,” Regan says. “We need a bill of materials to tell us what’s in that RV.”

Starting his career in the automotive industry before moving into RVs, Regan understands the importance of having enough qualified technicians and the right parts in stock.

“We’ve all got to take better care of the customer—we’re selling them the first time, but what about the second and third times?” Regan says. Today’s consumers don’t react well when told it will take weeks for their unit to be repaired. “Today’s buyers have changed–they don’t want to wait, even for a cup of coffee.

“That’s why it’s so important that RVDA and our industry partners continue to focus on improving repair event cycle time, or RECT,” Regan says. “Because if our customers don’t like their service experience, they’re not coming back to us.”

Regan asks dealers to work with their DMS providers to help the industry track progress and improve RECT throughout the industry.