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 Oct 19, 2016
Equity Lifestyle Properties, Inc. has released its third quarter results, which show a 28th consecutive quarter of occupancy growth, according to ELS President and CEO Marguerite Nader.
"Our third quarter results show the strength in our real estate footprint and the benefits that our portfolio has from the positive demographic trend from the baby boomers," Nader says. "The occupancy growth in the quarter was 180 sites. The quarter continued to show the positive trends that we have been seeing throughout the recent past, including an ability to grow both the absolute number of occupied sites as well as improve the quality of our occupancy through increased homeowners and a reduction of renters."
ELS sold 207 homes, a 60 percent increase from 2015, while the marketing campaign focused on the 100 days of camping and ran a social media promotion which reached 3.7 million people. The three key holiday weekends of Memorial Day, Fourth of July and Labor Day performed 13 percent better than 2015, Nader says.
To read the full transcript, follow the link below.