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 .
Wed Sep 5, 2018
Author: RV News Staff
GS Media & Events, which owns and operates more than 25 recreation-focused consumer shows throughout the U.S., announced it has acquired the following eight consumer shows from RJ Promotions, Inc.:
Des Moines Boat & Sport Show
Des Moines RV & Outdoor Show
Topeka Boat & Outdoor Show
Topeka RV & Sport Show
Overland Park & Outdoor Show
Colorado Springs RV & Outdoor Show
Colorado Spring RV & Travel Expo
El Paso RV Show
"We are very pleased to be adding these consumer shows to our portfolio of events,” said Vilma Fraguada, president of GS Media & Events. “Already a leading producer of consumer shows throughout the country, these eight new shows will expand our presence in key recreational markets of Colorado, Iowa, Kansas and Texas and leverage the synergies we have across the RV, Outdoor and Recreational categories.”
Kevin Hummer, president and CEO of RJ Promotions, Inc. stated, “GS Media & Events is recognized nationally as an industry leader in the consumer show business with proven success in attracting qualified buyers to their shows, through the marketing of their valuable assets and resources…Under their leadership, I am confident these shows will continue to grow and flourish for many years to come.”
Corporate Solutions of Westport, Conn. was the exclusive adviser to RJ Promotions in arranging, structuring and negotiating this transaction.