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 .
Tue Feb 7, 2017
Experts are urging U.S. manufacturers to start anticipating potential changes in import and export tariffs and also begin thinking about potential retaliatory taxes that are expected to follow any addition of U.S. tariffs.
Brian Murphy, national managing partner of State and Local Tax services for Grant Thornton, says some of the potential tax reform could benefit businesses.
But if they happen as proposed, tariffs very likely will affect all manufacturers, even if they source within the United States, says Ward Melhuish, advisory principal and national advisory lead, Consumer and Industrial Products industry practice, at Grant Thornton.
Additional Information: http://www.tradeonlytoday.com/2017/02/experts-says-u-s-manufacturers-should-prepare-for-tariffs/?utm_source=trade-enewsletter&utm_medium=email&utm_content=textlink&utm_campaign=enewsletter-020617%E2%80%8B