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 Oct 27, 2016
Ally Financial returned nearly $200 million in capital to its shareholders during the third quarter of 2016 in its report of the quarter's financial results.
Other highlights of the report, according to Reuters.com, include the following:
* Q3 EPS of $0.43, adjusted EPS of $0.56
* Q3 earnings per share view $0.59