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 Mar 24, 2017
OTTAWA, Ontario, Canada - The Recreation Vehicle Dealers Association (RVDA) of Canada has congratulated and endorsed its Liberal Government on protecting Canadian businesses in the recent Federal Budget.
Yesterday, the Honorable Bill Morneau presented the 2017 Budget in the House of Commons. This Budget maintained the Government’s current positon on de minimis rates
for Canada. The current de minimis rule exempts imported parcels with a value of under $20 from sales taxes and customs duties. The Government has stood by its
position in the wake of excessive pressure from foreign online vendors to increase the level as high as $200.
If the de minimis threshold were to be raised to $200, that would mean that any item costing less than $200 could be shipped into Canada free of federal and provincial
sales taxes and also duty-free. This would ultimately require Canadian merchants to sell their products for a higher price than those being imported from other
countries, as they would still be required to collect sales tax on their saleable items.
“We are pleased to see the Government supporting Canadian businesses in Budget 2017,” RVDA of Canada President Eleonore Hamm says. "This will help protect the
chain of Canadian tourism services, products and general retailers, giving back to our local communities and the broader economy.”
RVing in Canada has a considerable economic impact; the manufacturing, purchasing, servicing and use of recreation vehicles contributes billions – both directly and
indirectly – to the Canadian economy each year. In fact, in 2011, the total economic activity associated with the Canadian recreation vehicle industry reached $14.5
Direct spending associated with recreation vehicles reached $11.5 billion. These expenditures generated $8 billion in net economic activity and 98,800 jobs. In
total, the retail sales and services associated with Canada’s more than 400 recreation vehicle dealers generated $1.5 billion in net economic activity throughout
Canada and supported nearly 19,300 jobs.