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 .
Mon Dec 19, 2016
COLUMBUS, Indiana - The Board of Directors of Cummins Inc. has authorized the company to repurchase up to $1 billion in shares of common stock upon completion of its 2015 $1 billion share repurchase program.
"The latest share repurchase program reinforces our commitment to delivering strong returns to shareholders and reflects our confidence in our performance over the long term," Cummins CHairman and CEO Tom Linebarger says. "Cummins is demonstrating that we can produce strong returns for our shareholders, while continuing to invest in the future and helping our customers succeed by providing them innovative power solutions.”