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 .
Tue Jun 11, 2019
Author: RV News
Magnadyne, an electronics supplier for major RV manufacturers, is expanding into the aftermarket distribution channel. The Compton, California-based company has hired Leisure Time Sales and Marketing to establish a brand for its new line of RV replacement parts.
“We have been supplying antennas, in-wall radios, and speakers to RV manufacturers for over four decades. Recently, we expanded the line to include USB charging solutions and wifi extenders, (and) IOT and LTE connectivity in order to meet the needs of today’s RV customer,” Magnadyne President and Founder Barry Caren said. “The foundation of trust and quality has been laid for our success in the aftermarket.”
Leisure Time as been working with the RV aftermarket industry since 1976.
“We are very excited to team up with such a great company and to be introducing these great Magnadyne products to the aftermarket for the first time,” President Mike Willhoff said.
Magnadyne has hired Michael Sherman to lead the new segment as its business development manager. He previously worked as director of sales for Intellicom.
Sherman joins Tony Mercado, who left his job leading aftermarket car electronics for JVC Kenwood last year to go to work for Magnadyne.