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 .
Thu Aug 25, 2016
Flexsteel Industries Inc. Director Jeffrey Bertsch sold 25,657 shares of the firm’s stock in a transaction on Aug. 22. The shares were sold at an average price of $43.57, for a total transaction of about $1.12 million.
Following the completion of the transaction, the director now directly owns 212,756 shares of the company’s stock, valued at about $9.27 million. The transaction was disclosed in a document filed with the Securities & Exchange Commission.
Flexsteel Industries Inc. opened at 43.96 on Tuesday. The company has a 50-day moving average of $41.98 and a 200-day moving average of $41.55. The company has a market capitalization of $337.52 million and a PE ratio of 14.09. Flexsteel Industries Inc. has a 1-year low of $27.77 and a 1-year high of $48.67.