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 Apr 1, 2019
Author: RV News Staff
The Michigan Association of Recreation Vehicle and Campgrounds (MARVAC) recently completed its early 2019 circuit of RV shows. Darren Ing, MARVAC director, reports positive results from the four latest shows held in Battle Creek, Port Huron, Flint and Traverse City.
“We had very good attendance at all shows,” Ing says. “From a dealer perspective, all of my dealers from each of the shows reported they were pleased with the amount of sale and leads that came from the shows. In one case, one dealer at Port Huron also exhibited at the Flint show and he had consumers who attended both shows and ended up purchasing units at the second show.”
Ing describes 2019 attendance as being about on par with 2018 and comparable to other RV shows around the U.S. He says consumers seem ready to buy and that he’s notices a particular interest in travel trailers this year.
“From what I was hearing from consumers, they are excited about the upcoming camping season,” Ing says. “Regardless of where gas prices might fall, camping will still be a very affordable vocation option. Overall, we are excited and pleased. We think 2019 will be another good year, both for dealers and campground owners. Many campgrounds are reporting they are very close to having their entire season booked already.”
MARVAC’s show season is over until the 30th Annual Fall Detroit RV & Camping Show scheduled for Oct. 2-6.