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 .
Thu Dec 29, 2016
The Northern Wholesale Supply Distributors Trade Show will be celebrating its 30th annual show Jan. 11-12 at Treasure Island Resort and Casino in Minneapolis.
Thirty years in the RV industry has meant a lot of changes to the way dealers do business, technological advances and progress and improvement in the show.
Northern Wholesale General Manager John Perron says in 30 years, the show has gone from roughly 30 dealers and vendors to the estimated 2017 total of more than 140 dealers and vendors.
“We probably had 30, 40 vendors if that,” Perron says, remembering the first show. “And probably about that many dealers. It’s grown a lot. We used to hold it in a hotel and we’ve outgrown that many times over. The facility – Treasure Island Resort and Casino, we’ve been there since 2007 and we’re at the point where we’re maxing that out, but they keep expanding that facility. Their business has grown as ours have.”
In 2016, everything in the RV industry has been bigger and better, with the most RV shipments in nearly 40 years, nearly every show setting records in attendance and sales and several large RV manufacturers and suppliers setting record financial years. Perron says the results have shown a large interest in the RV industry.
“You look at the growth of the business and how big it’s become. There are more dealers now than there ever was,” Perron says. “A lot of things that have happened include expanding and adapting to a digital electronic world where you’ve got to be more in tune with the customers.”
There are projected to be about 144 dealers present at the 2017 show, which is the highest the show has ever had, including about 400 dealer personnel. The vendor attendants also has set a record, with 134 vendors registered to be in attendance.
“We’ve been growing every year,” Perron says. “Last year, we probably had 130 dealerships and we’ve upped that. There are more vendors and more people and more hotel rooms than we’ve ever used.”
The show will get rolling on Wednesday, Jan. 11 with sales trading seminars starting at 8 a.m. and spanning until 4:30 p.m. with 30-minute to 1-hour blocks of time. Perron says the dealer seminars usually attract between 65 to 70 dealer personnel at each one and are popular with both vendors and dealers.The show floor will open at 6 p.m. that night and run until 8:30 p.m.
The show floor will open again at 8 a.m. Thursday and will close at about 7 p.m., Perron says.
In 30 years, the show has planted its importance in the minds of several of the vendors and dealers who attend it, some of which have attended each of the 30 years the show has been in running. But the importance of the show and of the RV industry in general only keeps growing as the end of the year approaches and the first of the year is about to get underway.
“It’s the first look at new products, the best pricing of the year and a chance to interact and network with other dealers and meeting the dealers face to face,” Perron says. “It’s hard to put a number on that value. It’s not just coming in here and buying a water pump for a dollar less than you would get it anywhere else, it’s learning about new products, networking with other dealers and vendors and finding solutions to problems they may have, finding marketing techniques, store set-up techniques and advantages and things like that.
“They realize that more and more and they want a competitive advantage over the non-traditional competition. That’s what we help them out in doing.”