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 Nov 26, 2018
Author: RV News Staff
RVIA releases its October figures for wholesale RV shipments that show a 1.1 percent decline in shipments over last year’s figures through October.
Cumulative RV shipments for 2017 were 426,921 units, compared to 442,286 units shipped through this October. Declines in figures for October 2017 over October 2018 were 48,926 for last year as opposed to 43,568 for this year, a decline of 11 percent. Monthly shipments were higher than 2017 through May, and were higher in July. Monthly shipments were lower in June and in every month since August.
Shipment destinations in October 2018 were highest to the Mountain region (Ariz., Colo., Idaho, Mont., Nev., N.M., Utah, Wyo.) at 16.88 percent, second highest in the East North Central region (Ill., Ind., Mich., Ohio, Wis.) at 17.86 percent, and third highest to the West South Central region (Ark., La., Okla., Texas) at 10.06 percent. All other regions reported fewer than 10 percent of shipments coming to their region, although reports for the East South Central region (Ala., Ky., Miss., Tenn.) were not included in the RVIA summary.