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 .

Skyline Corporation Reveals Fourth Quarter Results

Mon Aug 8, 2016

ELKHART, Indiana - In the fourth quarter of fiscal 2016, Skyline Corporation reported the following results:

-Net sales from continuing operations of $56,651,000, an increase of 14 percent over net sales of $49,605,000 from continuing operations in the year ago quarter.

-Income from continuing operations of $1,534,000 as compared to a loss of $149,000 from continuing operations in the fourth quarter of fiscal 2015. Included in prior year's loss is a $243,000 gain on the sale of idle property, plant and equipment that occurred in the fourth quarter.

-Loss from discontinued operations of $208,000 as compared to a loss of $51,000 from discontinued operations in the fourth quarter of fiscal 2015.

-Net income of $1,326,000 or $0.16 per share as compared to a net loss of $200,000 or $0.02 per share in the fourth quarter of fiscal 2015. Included in prior year's loss is a $243,000 gain on the sale of idle property, plant and equipment that occurred in the fourth quarter.

Additional Information: http://www.marketwatch.com/story/skyline-reports-results-for-fiscal-2016-fourth-quarter-and-year-end-2016-08-05?siteid=nbsh