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 Jan 4, 2019
Author: RV News Staff
Industry analysis company Black Book reports average RV prices at auctions nationwide in December was $43,132, a decline of 1.3 percent from November’s prices. The average price for towables was $12,593, a decline of 3.5 percent from October. The average age of all sold units was nine years.
Black Book also reported a drop in auction volume. Motorized RVs were down 9 percent from November and towables dropped 5 percent.
“As we move further into winter, RVs are continuing to exhibit typical seasonal behavior. Both towables and motorized units are down slightly this month, but their rate of decline has slowed,” Black Book Director of Specialty Markets Eric Lawrence says. “This is the time of year that many dealers take a step back from active buying and selling and focus on completing any improvements to their stores so that they can be up and running when the first spring customers come through their doors.”