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 14, 2017
The 51st annual Detroit Camper & RV Show blew away last year’s attendance record, as all five days of the show surpassed records and set new milestones to achieve.
Michigan Association of Recreation Vehicles and Campgrounds Director Darren Ing says the show was amazing and all of the dealers reported strong sales and interest from all sectors.
“We were very surprised that every day was an increase,” Ing says. “The weekdays are a little bit slower than the weekends, but the fact that each day including the weekdays increased was definitely a very pleasant surprise. In my opinion, it spoke a great deal to consumer confidence and the economy. People are very comfortable. While they didn’t share exact numbers, (dealers) said they did extremely well in the show. One dealer specifically mentioned that they had the best show they had ever done for us.”
The show attracted a total of 28,539 to the Suburban Collection Showplace in Novi, a 12 percent increase over 2016. Ing says he saw a great mix between families looking to upgrade their current RV and those making their first foray into the RV industry.
Many RVs, both towables and motorized, were sold at the show. While Ing says towables outsold motorized by a small margin, the interest in RVs and the lifestyle is growing and 2017 is projected to be a landmark year for the industry.
“We feel very confident that we will have good shows going forward based on our first two shows and the attendance,” he says. “All of our shows from a dealer standpoint are completely sold out. That speaks to the mindset of the dealers - that they all want to participate and feel very confident that the economy and the consumers are in the right place at the right time and are eager to embrace the camping lifestyle and want to be a part of it.
“Our campground operators have reported to us that they are very busy in taking reservations for the summer. A couple of campgrounds have indicated to me that their peak times have completely sold out and they are unable to take any further reservations. It’s on the forefront of the customer’s mind to either buy RVs or make reservations at a campground in the upcoming season.”
MARVAC’s next show is the 40th annual Flint Camper & RV Show, held March 16-19 at the Dort Federal Credit Union Event Center.