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 Feb 14, 2017
Patrick Industries Inc. CEO Todd Cleveland sold 10,000 shares on Feb. 9. The Insider selling transaction was reported by the company on Feb. 10 to the Securities and Exchange Commission. The shares were sold at $85.30 per share for a total value of $853,018, the company says in a SEC Form 4 Filing, according to a story by the Market Digest.
Patrick Industries on Tuesday, Feb. 7 heightened volatility was witnessed in Patrick Industries which led to swings in the share price. The shares opened for trading at $81.20 and hit $82.0675 on the upside, eventually ending the session at $81.20, with a gain of 0.25 percent or 0.2 points. The heightened volatility saw the trading volume jump to 1,06,873 shares. The 52-week high of the share price is $83.50 and the company has a market cap of $1.245 billion. The 52-week low of the share price is at $29.28.