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 .
Thu Jul 6, 2017
NORFOLK, Va. - A recent enhancement to its Dealer Center, RV Trader has released its Price Analysis Tool, a new resource which will give RV dealers access to unprecedented industry insight. The tool will provide the information necessary for dealers to analyze their current inventory prices as compared to patterns in the local and national market, as well as help them to position their dealership, down to specific units, to best meet current customers' expectations in regards to price.
The launch of this innovative tool signifies the first time RV dealers will have access to active market pricing trends, as well as a snapshot of where they fit into
the industry’s overall competitive marketplace. Using this unique resource, dealers will be able to identify precisely what the median price is for a unit listing of a
distinct make and model with specific mileage, without needing to separately research and denote performance patterns of comparable listings on RVTrader.com.
In addition, the platform automatically notifies a dealer how many other listings currently list the same unit for sale, making them aware of the volume they are
competing with and further aiding in the estimation of the healthiest price range for a piece of inventory.
Dealers will also easily be able to toggle back and forth between listings across the United States and those in their local areas, garnering further understanding of
their current place amidst nationwide competition, bolstering their potential for garnering viewership and consumer inquiries from RV Trader’s millions of monthly
visitors. Additionally, the tool will inform users as to how their prices compare to sellers listing the same units in their company’s Designated Market Area.