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RV industry pumps nearly $50 billion into US economy

from Yahoo Finance

The first-ever economic impact study of the recreation vehicle industry reveals that it contributed $49.7 billion to the U.S. economy in 2015 and provided 289,852 full-time jobs to American workers. "The study demonstrates that the RV industry is a dynamic part of the U.S. economy," says Frank Hugelmeyer, president of the Recreation Vehicle Industry Association, which commissioned the study. "American workers involved in our industry earned more than $15.8 billion in wages and benefits and, along with the firms that employed them, paid $5.7 billion in federal, state and local business taxes." The report includes all companies involved in the manufacture, sale, rental, repair, storage, and service of RVs, as well as the aftermarket industry, the financing of RV purchases, and the economic impact of RV travel. more

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