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 Jun 19, 2017
The following column was submitted by RVDA of Canada Chairman of the Board Sam Parks in the June 2017 issue of the RVDA of Canada newsletter. To read more than the column, click on the link below.
We have just received the April 2017 retail shipment numbers and I'm very pleased to see that the numbers reflect positive growth. Overall, our present retail results are fairly consistent with last year showing a modest increase year to date. This is great news since we had seen a decline over the last few years. So far this year, the brightest spot for the industry has been class C sales. The increase has been an impressive 57.8 percent. Strong demand for this segment should support solid revenue even if overall sales are flat or down again in 2017.
We are hearing that dealer lag times to receive inventory are growing due to the huge demand in both the U.S. and Canada. We forecast that this will continue to be an issue in the upcoming months. RVIA has predicted that RV industry shipments will reach 472,000 units in 2017 in North America, the highest annual total since the data has been collected, and a 9.6 percent increase from the number shipped last calendar year. Please keep this information top-of-mind as you head into the fall buying cycle.
Ensuring that you have skilled and adequate staffing for your dealerships is also paramount these days. The availability of a skilled labor force will continue to challenge our industry at all partner levels: dealerships, campgrounds and manufacturers. Tomorrow's employee may look nothing like what we have been accustomed to previously and we must be willing to adapt to the new workforce.
To assist our members and the industry, RVDA of Canada annually participates in the Skills Canada competition. This year's competition was held in Winnipeg at the beginning of the month. This year, our booth was arguably the most popular area in the entire Winnipeg Convention Centre for the two days of competition. We estimated 4,000 people came through the booth over two days. Photos are being added to the RVDA of Canada and RV Careers Facebook pages.
Your RVDAs will keep investing in educational opportunities for members. Endeavors such as the Trouble Shooter Clinics, NTP-Stag Canada, Canada RV Technician Bursary and the RV Dealers Convention/Expo are but a few initiatives that you should ensure your staffs participate in. We must continue our commitment to education and training as educated employees are more committed and have longer retention records.
As an industry, we also need to ensure that we have adequate facilities and campgrounds for our customers to camp in. Included in our recent advocacy messages on Parliament Hill was the need to address infrastructure in our national parks to support the RV industry. As campground services continue to rise in demand, critical infrastructure needs, such as sizing requirements to accommodate larger RVs and access to appropriate electrical outlets and waste disposal facilities, remain unfunded. THe funding could come from the Consolidated Revenue Fund and/or propsed funding from the recent budget.
We also need to ensure tha tour private campgrounds are treated fairly and equitably by CRA. We are monitoring this issue very closely and may call upon members to continue a letter-writing campaign to their respective Members of Parliament. We cannot see campgrounds classified as inactive businesses from a tax-action perspective as this would surely put a great many of them out of business. Most campgrounds offer an extensive list of services to RVers and campers and should be viewed as qualifying for the small business tax deduction.
Finally, I just want to highlight the efforts of the Canadian RV and camping industry this past month during Canadian RV and Camping Week. Our campaign to raise funds for Make-A-Wish was another great success.
I wish you all a wonderful summer!"
Additional Information: https://issuu.com/rvda-of-canada-newsletter/docs/2017_june_newsletter