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 Nov 22, 2016
Patrick Industries Inc. Director Joseph Cerulli sold 1,980 shares of the business’s stock in a transaction dated Thursday, Nov. 17. The shares were sold at an average price of $67.65, for a total value of $133,947. Following the completion of the transaction, the director now owns 27,304 shares in the company, valued at about $1.85 million. The sale was disclosed in a legal filing with the Securities & Exchange Commission.
Shares of Patrick Industries Inc. opened at 66.95 on Friday. Patrick Industries Inc. has a 52-week low of $29.28 and a 52-week high of $69.53. The stock has a market capitalization of $1.03 billion, a P/E ratio of 19.42 and a beta of 1.22. The company has a 50-day moving average price of $60.74 and a 200-day moving average price of $59.33.