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 .
Thu Mar 16, 2017
Spartan Motors Inc CFO Frederick Sohm bought 3,000 shares of the business’s stock in a transaction on Thursday, March 9. The stock was acquired at an average cost of $6.48 per share, for a total transaction of $19,440, according to a story by Community Financial News.
Following the completion of the transaction, the chief financial officer now owns 115,550 shares in the company, valued at $748,764. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Spartan Motors Inc remained flat at $7 during midday trading on Monday. 277,967 shares of the company traded hands. The company’s 50-day moving average price is $7.77 and its 200-day moving average price is $8.77. The stock has a market capitalization of $240.7 million, a price-to-earnings ratio of 28 and a beta of 1.12. Spartan Motors Inc has a 52-week low of $3.71 and a 52-week high of $10.50.