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 Sep 30, 2016
The 27th Annual Fall Detroit Camper & RV Show will be held from Oct. 5-9 at the Suburban Collection Showplace in Novi, Michigan.
With more than 280 RVs and 50 brands displayed throughout the show, which includes folding campers, motorhomes, travel trailers, truck campers, fifth wheels and toy haulers that range in price from about $7,000 to more than $400,000, the show will cater to those in the RV industry as well as educational seminars open to the public.
The Michigan Association of Recreational Vehicles and Campgrounds Executive Director Bill Sheffer says the current health of the RV industry is making everyone involved in the show excited about the prospects of the show, which is anticipated to bring in about 15,000 attendees.
“Over the years, we have averaged anywhere from 9,000 to 15,000,” Sheffer says. “With the industry being what it is, we are anticipating a good year. Hershey set a record and I think we can deliver that as an indicator.”
The Suburban Collection Showplace also is undergoing a construction project after the show that will add another 90,000 square feet to its show space. Next year, the building will take it closer to 300,000 square feet, allowing the show to expand its size if all of the other indicators show such an expansion is right.
In the meantime, exhibitors featuring parts and accessories, campground information, on-site RV financing and RV rentals will make the show a complete RV experience. Seminars ranging from suspension and running gear enhancements, satellite TV, maximizing storage needs and product spotlights from MORryde and KING also will be presented.
“We’re all excited about the number. We, as an industry could reach about 400,000 new units sold,” Sheffer says. “We’ve been on a pretty steady course. A 10 to 12 percent increase of new recreational vehicles, both in towables and motorhomes so far. We anticipate that would continue.”
If there’s one concern so far for Sheffer, it’s what the election year could do to those wanting to buy RVs. However, nothing has shown that things are slowing down, so Sheffer and those at MARVAC are surging forward in their status quo.
The show costs $10 for adults 13 and up, while senior admission is $9 and children 12 and under are free. Weekdays go from 2-9 p.m., while Saturday goes from 11 a.m. to 9 p.m. and Sunday from 11 a.m. to 6 p.m. The Suburban Collection Showplace is located at 46100 Grand River Avenue, south of I-96 between Novi Road and Beck Road.