RVIA Economic Impact Study

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 .

Besides New Name, LCI Industries Continues Full Force

Tue Feb 14, 2017

148337218592981.jpgLCI Industries has a new name, but the company's focus on serving the booming recreational-vehicle industry remains in full force.

The company formerly known as Drew Industries has done a good job of capturing its fair share of the market for making components and other products that show up in a wide variety of RVs, according to a story from The Motley Fool.

Coming into Thursday's fourth-quarter financial report, LCI investors were expecting that the component maker would continue to participate in the success of the industry and LCI largely delivered on that front. Let's look more closely at LCI Industries to see how it did and what's ahead for the RV-component specialist in 2017.

Additional Information: https://www.fool.com/investing/2017/02/13/lci-industries-keeps-riding-the-rv-boom-to-growth.aspx