RVIA Economic Impact Study

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 .

Lippert Components Allowed to Keep Tax Phase-In Benefits in Goshen

Thu Jun 22, 2017

Goshen, Indiana - The Goshen City Council members agreed Tuesday to allow Lippert Components to continue receiving tax phase-in benefits for three of its Goshen properties.

The council arrived at its decision following a hearing to determine whether ot not Lippert, a leading supplier of components to the recreational vehicles and other industries, was in compliance with a seven-year tax phase-in agreement established with the city back in 2013 connected to expansion plans for its properties throughout the city of Goshen, according to a story by The Goshen News.

A tax phase-in is a partial or temporary exemption of a company from having to pay property taxes with the express purpose of stimulating economic development. In Lippert's case, the approved tax phase-in was projected to save the company about $484,000 over the course of the seven-year agreement.

Additional Information: http://www.goshennews.com/news/local_news/lippert-to-keep-tax-phase-in-benefits/article_11dd884a-f1ed-5349-9ecc-593d8aefc8f1.html