RVIA Economic Impact Study

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 .

Drew Industries Director Sells 2,000 Shares of Stock

Fri Nov 18, 2016

145521123876149.jpgDrew Industries Inc. Director Frederick Hegi, Jr. sold 2,000 shares of Drew Industries stock in a transaction that occurred on Wednesday, Nov. 16. The stock was sold at an average price of $93.60, for a total value of $187,200. Following the transaction, the director now owns 101,704 shares in the company, valued at about $9.52 million. The sale was disclosed in a document filed with the Securities & Exchange Commission.

Drew Industries Inc. traded up 2.46 percent during midday trading on Wednesday, reaching $97.75. The company’s stock had a trading volume of 285,406 shares. The firm’s 50-day moving average price is $93.14 and its 200-day moving average price is $88.58. The stock has a market capitalization of $2.41 billion, a PE ratio of 20.31 and a beta of 1.21. Drew Industries Inc. has a 52-week low of $51.67 and a 52-week high of $103.19.

Additional Information: https://www.thecerbatgem.com/2016/11/16/frederick-b-hegi-jr-sells-2000-shares-of-drew-industries-inc-dw-stock.html