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 .

Thor Quarterly Earning May Show 20% Growth

Fri Jan 5, 2018

151519035029881.pngThor Industries, Inc. (NYSE:THO) is expected to post sales of $1.93 billion for the current fiscal quarter, according to Wall Street brokerages cited by the Lincolnian online newspaper.
With four analysts making estimates for Thor Industries’ earnings, the lowest is $1.71 billion and the highest is $2.13 billion, said the publication, citing Zacks Research.

Thor is expected to report its next quarterly earnings results on March 5, but if the high estimates hold it would indicate earnings growth of about 21 percent over the same quarter of last year. At its last earnings report, on Nov. 27., Thor reported earnings growth of almost 31 percent over the previous year.

Thor is the industry’s largest OEM, owning a number of the top brands, including Thor Motor Coach, DRV, Entegra, Heartland RV, Jayco, Inc, Keystone RV, KZ RV, Livin Lite RV and Redwood RV.