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 .
Tue Oct 11, 2016
ELKHART, Indiana - Thor Industries, Inc. has announced that its Board of Directors approved, at its Oct. 10 meeting, an increase in the amount of Thor's regular quarterly dividend to $0.33 per share from $0.30 per share, an increase of 10 percent.
The regular dividend is payable on Nov. 7, to shareholders of record at the close of business on Oct. 24.
"The latest increase to our regular quarterly dividend marks the seventh consecutive annual increase in our quarterly dividend, illustrating the confidence shared by our management team and Board in the future of Thor and our continued commitment to returning cash to shareholders," Thor Executive Chairman Peter Orthwein says. "Fiscal 2016 was a year of great accomplishments, with the acquisition of Jayco and significant growth in revenues and earnings, resulting from the hard work of the entire Thor team. As we look forward to Fiscal 2017, we are optimistic as the RV market continues to grow, with new consumers enjoying our products and increasing the size of our overall market."