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 .
Wed Aug 17, 2016
DUBUQUE, Iowa - Flexsteel Industries, Inc. has reported fourth quarter and fiscal year financial results.
Fiscal Year End Financial Highlights:
Net sales increased to a record $500 million, a 7.1 percent increase.
Net income increased to a record $24 million, an 8.7 percent increase.
Ending cash balance increased $35 million, after eliminating all borrowings.
Additional Information: http://www.marketwatch.com/story/flexsteel-reports-fourth-quarter-results-2016-08-16?siteid=nbsh