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 .
Fri Feb 24, 2017
President Donald Trump’s pro-business stance is encouraging to manufacturers who believe it will lower taxes and ease regulatory burdens, but his desire to dissolve some trade agreements and his talk of a 45 percent tariff on goods from China and a 35 percent tariff on Mexican imports make the manufacturing sector worried, according to a story from Trade Only Today.
That’s according to Chicago-based advisory firm Grant Thornton, which has issued analysis from its policy team about how Trump’s most recent proclamations and executive orders that dramatically alter U.S. policies might impact four key areas — infrastructure, manufacturing, trade and transportation.
On the infrastructure side, improvements should benefit manufacturers, the firm says.
Additional Information: http://www.tradeonlytoday.com/2017/02/firm-issues-analysis-of-trump-manufacturing-proposals/?utm_source=trade-enewsletter&utm_medium=email&utm_content=textlink&utm_campaign=enewsletter-022217