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 .
Wed Feb 6, 2019
Author: RV News Staff
Cummins Inc. is launching its centennial celebration with a message of “Challenge the Impossible.” Founded in February 1919, the company initially employed four people. Today, it is a global company of more than 58,000. The company plans observances around the world throughout the year.
Founder Clessie Cummins and his business partner, William G. Irwin, built the company around the concept of challenging the impossible when they adapted the diesel engine. This was a potentially groundbreaking technology at the time that had floundered in North America, according to Blair Claflin, the company’s director of sustainability communications.
Claflin says the founders’ innovative and entrepreneurial spirit can be seen throughout the company’s history and continues through the advances it is making in clean diesel and natural gas technology and in the potential of electrification and other low-carbon alternatives.
“Our employees tackle challenges every day, and to celebrate our centennial we want to say, ‘thank you,’ to each of them and their families,” says Cummins’ Chairman and CEO Tom Linebarger.