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 .

Camping World Will Keep and Operate 57 Gander Outdoors Stores

Fri Jun 30, 2017

Camping World Holdings Inc. has said that it will operate nearly 60 Gander Outdoors and Overton's brand locations that it acquired earlier this year from Gander Mountain, which filed for bankruptcy in March.

At that time, Gander Mountain put its 160 stores up for sale. Camping World Inc., a subsidiary of Camping World Holdings, alongside a group of firms, bought the company's assets for about $400 million, The Wall Street Journal reported.

Camping World chairman Marcus Lemonis said at the time that the company would keep as many of its stores as possible. The company's original goal was to hang on to 70 stores, Lemonis said in the Friday release, but decided to keep 57 that demonstrated they "have a clear path to profitability."

The stores span across states including Wisconsin, New York, Texas, Michigan and Florida. Camping World expects to announce additional locations after it decides which stores to expand.

Camping World shares are unchanged in Friday trading, but down 5.6 percent for the year so far.

Additional Information: http://www.marketwatch.com/story/camping-world-holdings-to-operate-gander-outdoors-and-overtons-stores-after-gander-mountain-bankruptcy-2017-06-30