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 Feb 12, 2018
With snowfall totals near record high Saturday, the five-day Detroit Camper & RV Show suffered attendance loss, but dealers may have done quite well in terms of sales, according to information from the Michigan Association of Recreation Vehicles and Campgrounds (MARVAC).
“Basically, the bad news is we were down about 25 percent from last year’s record attendance, as a result we saw about 20,000 (attendees),” says MARVAC Executive Director Bill Sheffer, whose association hosted the 52nd annual show. There were snow events in southern Michigan on Friday, Saturday and Sunday, including 9 inches recorded at the Detroit airport on Saturday.
“The good news, in talking to several of our dealers, they were very happy about the number of sales,” Sheffer says. “The people who came out were very interested in buying a new recreational vehicle.”
To that point, the state of Michigan recently changed its sales tax code, so people purchasing a new RV only pay tax on the difference between the value of their new RV and any RV they traded in against that purchase.
“That was major point of sale for last week,” Sheffer says. “Lots of people were shopping with used vehicles.”
The show featured more than 300 recreational vehicles on the floor of the Novi, Michigan, showroom. The event also featured several consumer seminars, including one from a popular Michigan Public Broadcasting show, Two Under the Radar, whose broadcasters recently took a winter trip in northern Michigan, including the Upper Peninsula, in a borrowed RV.
MARVAC also has four upcoming shows in March:
• The 31st Battle Creek Camper & RV Show at Kellogg Arena March 1-4.
• The 23rd Port Huron Camper & RV Show at the Blue Water Convention Center March 8-11.
• The 41st Annual Flint Camper & RV Show at the Dort Federal Credit Union Event Center March 15-18.
• The 26th Annual Northwest Michigan Camper & RV Show at the Grand Traverse County Civic Center March 23-25.
By spring perhaps the Midwest will have dug out of the weather pattern that has made this winter so memorable.
“I haven’t seen this much snow in for quite a while,” Sheffer says. “We’ve been going along really well for a few years, so I’m going to attribute this (year’s Detroit show) to Mother Nature.”