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 Jan 24, 2017
UMH Properties, Inc. has announced that it celebrated its 50 Year Anniversary at the New York Stock Exchange.
“The company is honored to celebrate its 50th Anniversary at the NYSE," Chairman of the Board Eugene Landy says. "We had our quarterly Board Meeting there, as well as a dinner reception attended by many of UMH’s close partners whose help has been instrumental in our long-term success. UMH is one of the oldest publicly-traded REITs in the world, and as the founder of our company, I could not be prouder of our many achievements. UMH’s total-return performance ranked third of all 180 REITs in 2016. The company is very well positioned for continued outperformance in the years ahead.”
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 101 manufactured home communities containing approximately 18,100 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. In addition, the company owns a portfolio of REIT securities.