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 .

Ally Financial Says Second Quarter Income Nearly Doubled

Wed Jul 27, 2016

Auto finance company Ally Financial says Tuesday its net income nearly doubled in the second quarter and its stock rose in morning trading.

Ally Financial says its net income grew to $360 million, or 71 cents per share. Excluding one-time costs and gains, Ally says it earned 54 cents per share. Its revenue grew to $1.36 billion.

Analysts expected net income of 52 cents per share and $1.33 billion in revenue, according to Zacks Investment Research.

Additional Information: http://www.newsobserver.com/news/business/article91875037.html