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 .
Fri Dec 15, 2017
Just because a stock is higher doesn’t mean that current prices aren’t justified. As long as the fundamentals are improving enough to keep moving it higher over time, it can still turn out to be a great investment. That’s a big part of the story with Thor Industries, Inc. and THO stock.
Thor Industries makes RVs and related parts and accessories, both motorized and towable, under a variety of brands. It started in 1980 when two businessmen bought Airstream and over the years it has grown organically and through acquisitions.
THO stock traded especially well through the summer, jumping up on earnings in June and consolidating around the $105 - $108 level before breaking out at the end of August. It was already up 36 percent year-to-date at the start of November, and since then it has climbed even more on the back of the latest earnings report, according to a story by Investor Place.