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 .

Unique Consortium Reveals Economic Goals for Elkhart-South Bend Area

Thu Feb 8, 2018

151638279994628.pngA unique consortium of communities this week has produced a Regional Economic Development strategy for the South Bend-Elkhart Region in Indiana, according to an article in the Elkhart Truth.

About 100 people from 47 smart, connected communities in Northern Indiana and Southwest Michigan worked for more than a year as part of a grassroots effort to craft a plan to raise per capita income in the region, the article states. Several hundred people gathered in Mishawaka Tuesday to hear about the planning effort and how to make it reality.

“Ensuring Prosperity for the South Bend-Elkhart Region,” a 35-page white paper authored by regional writer and journalist Marshall V. King, outlined goals five committees honed through meetings starting in late 2016.

The primary goals to raise income and make the region competitive globally for employers and workers are:

• Education & Workforce—Raise the post-secondary attainment level among the region's residents from 30 percent to 50 percent by 2025.

• Talent Attraction & Retention—Transforming net out-migration (now nearly double the state average of 2 persons per 1,000 per year) to a positive in-migration by 2025.

• Industry Growth—Growing jobs in higher-pay traded industry clusters by 20 percent by 2025.

• Entrepreneurship—Help establish 200 high-potential startups, both privately and by commercializing research from local universities, by 2025.

• Diversity & Inclusion—Improve the South Bend-Elkhart Region's national MSA percentile rank of minority income disparity from the 15th percentile to the 80th percentile by 2025.

• Startup—Establish 200 high potential startups

READ THE ENTIRE ARTICLE HERE