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 .

Patrick Industries Shares Have Risen 16,000 Percent in Seven Years

Thu Jul 7, 2016

On February 1, 2009, Todd M. Cleveland became the CEO of a $5 million market cap microcap called Patrick Industries. In just seven years, he would transform the company through acquisitions and organic growth into a $61 per share, $940 million market cap, compounding machine.

Since Cleveland's appointment to CEO, Patrick Industries has outperformed every other stock in North America. Shares have risen 16,000 percent, an astounding 106 percent Compound Annual Growth Rate.

Additional Information: http://seekingalpha.com/article/3986618-patrick-industries-best-performing-stock-since-2009