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 .

Canada’s RV Imports Up 10 Percent in 2018

Wed Mar 27, 2019

155363195019895.pngThe Canadian Recreational Vehicle Association reports that RV wholesale shipments into Canada for the fourth quarter ending Dec. 31st, 2018 totaled 13,784 units compared to 13,796 in 2017, representing a slight decrease of 0.09 percent.

Total RV shipments for 2018 year were 59,451 vs 53,363 units in 2017, up 10.24 percent overall. This number represents the highest RV wholesale shipments reported by the CRVA in any year since 2008.

The RVDA of Canada reported that dealer retail activity during the calendar year totaled 51,453 units, which when compared to the wholesale shipment figure of 59,451 indicates that Canadian Dealer Inventory levels increased during 2018.

However, levels primarily increased during the fourth quarter, which CRVA says is considered to be a normal replenishing period and dealer inventory is to considered to be in line with dealer requirements for the 2019 season.

For the year, travel trailers totaled 43,130, an increase of 12.45 percent. Fifth wheel shipments totaled 8,789, up 10.07 percent from 2017. Motorhome shipments totaled 5,885, and increase of 3.4 percent. Truck camper shipments totaled 571, up 14.89 percent.