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 .

Three Elkhart Industrial Centers Could Receive Development Help

Tue Dec 20, 2016

ELKHART, Indiana — Three aging industrial centers in Elkhart could be getting a large injection of funds.

The areas — one southwest of the city along State Road 19, one downtown and the other east of the city along Middlebury Street — are the backbone of investment for the city, says Crystal Welsh, Elkhart's director of development services. She says the industrial centers, in operation for decades, need improvements to keep developers interested in continuing to invest in the areas.

To that end, the city is looking at setting up a Community Revitalization Enhancement District, or CRED, to capture state tax revenue for future improvements in the three areas. The CRED would operate much like a tax increment finance district, only instead of capturing local property tax dollars, the district would capture state tax dollars.

Additional Information: http://www.elkharttruth.com/hometown/elkhart/elkhart-looks-to-spur-development-in-aging-industrial-areas-by/article_eb4f1a8f-330c-5ed2-85ad-f5781fa9ad9e.html