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 25, 2016
ELKHART, Indiana — A recent study has found that Patrick Industries' stock performed the best in Indiana over the past five years.
The study, conducted by financial technology company SmartAsset, found that Elkhart-based Patrick's stock performed the best in the state between January 2011 and March 2016.
The study considered three factors: stock price, dividends paid and volatility. Those factors were used to determine the risk-adjusted return of the stocks by which companies were ranked.
Patrick's stock closed on Wednesday at $62.30 per share. In January 2011, by contrast, the stock was trading at around $1.40 per share.