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 .

Cummins Announces 7 Percent Increase in First Quarter Revenues

Tue May 2, 2017

145322220422564.jpgCOLUMBUS, Indiana — Cummins Inc. has reported that its first-quarter revenues for this year reached $4.6 billion, an increase of 7 percent from the same quarter in 2016.

Stronger demand from construction and mining customers and higher sales from a distributor acquisition in the fourth quarter of last year offset the impact of weaker truck production in North America, and international sales improved by 17 percent, the company said in a news release, according to a story by The Republic.

Additional Information: http://www.therepublic.com/2017/05/02/cummins-reports-7-percent-first-quarter-gain/