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 Mar 12, 2018
Forest River Inc. CEO Pete Liegl and Thor Industries Inc. President and CEO Bob Martin have agreed to reschedule— by a week—this year’s Elkhart RV Open House in an effort to relax fall show schedules for scores of front-line salespeople from a variety of companies, according to information from the New England RV Dealers Association. As a result, this year's Open House in northern Indiana’s RV-building center of Elkhart, will start on Sept. 24, instead of Sept. 17, as previously announced.
The two manufacturing executives, whose Elkhart-based firms account for more than 80 percent of industry shipments, said the move will provide more time between the Pennsylvania RV & Camping Association’s (PRVCA) popular trade-and-consumer Hershey Show, slated for Sept. 11-16 at Hersheypark in Hershey, and the 10-year, trade-only Open House. The Elkhart Open House draws most major manufacturers, thousands of dealers and accounts, and by most estimates, as much as $2 billion in wholesale sales.
The three- to four-day Open House is the industry’s only national-scale selling show this year, in the wake of the Recreation Vehicle Industry Association (RVIA) board’s recent decision to terminate late November’s 54-year-old National RV Trade Show—once an industry staple better known as the Louisville Show.
“This gives those working the Hershey Show, like our salespeople, one more week compared to past years to get back here and get ready for the product showing (Open House), along with a number of dealers who go to Hershey,” Liegl says. “It’s too cramped—the way it’s been—for them to get out here and attend the Open House. And a week in between was much more favorable.”
Although there are still plenty of loose ends for Thor to tie up in the aftermath of this week’s decision, Martin said publicly-held Thor is on the same page with regard to the Open House rescheduling.
“Yes, we took a look at the timing of all the shows this year with Louisville going away—and we also looked at the stress that it puts on our people who work Hershey,” Martin says. “We thought it would be a good thing to give everybody a break and take a little bit of the show stress off the shoulders of those who work the Hershey Show. So, hopefully, some of the dealers who go to Hershey will also have the opportunity to come to Open House now as well.”