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 .
Mon Jan 16, 2017
A Penticton, British Columbia campground operator is predicting last year’s whopping federal government tax increase could be a death knell for the industry.
“It will likely impact about 75 percent of campgrounds across Canada. Out of the 2,400 campgrounds the majority of them are going to be affected,” Barefoot Beach Resort president Max Picton says.
With a spike in property values and a tax increase, he says running a campground is going to get tougher.
Additional Information: http://www.pentictonwesternnews.com/news/410591485.html