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 Dec 15, 2016
Patrick Industries Inc. Director Michael Kitson sold 1,723 shares of Patrick Industries stock in a transaction dated Monday, Dec. 12. The stock was sold at an average price of $74.02, for a total value of $127,536.46.
Following the transaction, the director now directly owns 11,681 shares in the company, valued at $864,628. The sale was disclosed in a legal filing with the SEC.
Shares of Patrick Industries Inc. traded down 1.42 percent on Tuesday, reaching $73.15. The company’s stock had a trading volume of 192,926 shares. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 21.22 and a beta of 1.37. Patrick Industries Inc. has a 12-month low of $29.28 and a 12-month high of $75.53. The stock has a 50-day moving average of $64.78 and a 200-day moving average of $62.22.