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 .
Wed Mar 8, 2017
Rev Group’s quiet period is set to end on Wednesday, March 8. Rev Group had issued 12.5 million shares in its initial public offering on Jan. 27. The total size of the offering was $275 million based on an initial share price of $22.
During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company, according to a story by Chaffey Breeze.
Rev Group opened at 27.84 on Tuesday. Rev Group has a 12-month low of $24.50 and a 12-month high of $29.29. The company’s 50-day moving average is $27.11 and its 200-day moving average is $27.11.