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 Dec 6, 2016
Patrick Industries Inc. Director Jeffrey L. Et Al Gendell has sold 11,153 shares of the company’s stock in a transaction dated Monday, Nov. 28. The stock was sold at an average price of $69.84, for a total value of $778,925.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission.
Patrick Industries Inc. opened at 71.90 on Wednesday. The firm has a market cap of $1.1 billion, a PE ratio of 20.85 and a beta of 1.22. Patrick Industries Inc. has a 12-month low of $29.28 and a 12-month high of $70. The company has a 50-day moving average price of $61.72 and a 200-day moving average price of $60.50.