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 .
Fri Dec 9, 2016
Drew Industries Inc. CEO Jason Lippert sold 6,000 shares of the stock in a transaction dated Wednesday, Dec. 7. The shares were sold at an average price of $106.12, for a total transaction of $636,720. Following the completion of the sale, the chief executive officer now owns 142,435 shares of the company’s stock, valued at about $15.12 million. The sale was disclosed in a filing with the Securities & Exchange Commission.
Jason Lippert also recently made the following trade(s):
On Wednesday, Nov. 23, Jason Lippert sold 2,800 shares of Drew Industries stock. The shares were sold at an average price of $102.47, for a total transaction of $286,916.
Drew Industries Inc. traded up 1.73 percent during mid-day trading on Wednesday, reaching $108.85. A total of 252,466 shares of the company were exchanged. The stock has a 50-day moving average price of $95.51 and a 200-day moving average price of $92.08. Drew Industries Inc. has a one year low of $51.67 and a one year high of $109.75. The company has a market capitalization of $2.68 billion, a PE ratio of 22.62 and a beta of 1.24.