Click here to send MH news, tips, links, documents, facts
or factory-built housing related news story suggestions.

Home > Affordable Housing, Analysis and Commentary, Company News, Economy, Manufactured Housing Industry, News, research, Stocks, Trends > Jobs Surge in April, Unemployment Rate Falls to the Lowest Since 1969, plus Manufactured Home Market Updates

Jobs Surge in April, Unemployment Rate Falls to the Lowest Since 1969, plus Manufactured Home Market Updates

May 3rd, 2019

CNNmone5.3.2019ManufacturedHome-StocksMarketsReportsMHProNewsAgree or disagree with the Trump Administration on this or that, love or hate the president’s tweets, what is well documented from third party research is this.  Some 90 percent of the mainstream media’s reporting has been hostile. Given that reality, the White House press room provides the Daily Business News on MHProNews and others are ‘pull quotes’ from the mainstream that spotlights in someone else’s commentary that the administration sees as positive accomplishments. Rephrased, they curate content from other media, and package it under “West Wing Reads.” Since the jobs report would have been a staple for MHProNews, this month we’ll take those pull quotes for tonight’s Friday night spotlight market report.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Losing his magic touch?
  • Berkshire Hathaway is lagging the market. Should Warren Buffett’s faithful followers be concerned?
  • Who will run Berkshire when Buffett is no longer around?
  • Uber and Lyft drivers plan to strike and rally ahead of Uber’s IPO
  • A day after saying it would raise $2.3 billion, Tesla now wants to raise even more
  • Marriott announces its CEO has pancreatic cancer
  • Europe’s imports of American natural gas are soaring
  • ANALYSIS The US economy is swimming in jobs. Calling for a rate cut now is bonkers
  • What we learned in our first look at Disney’s ‘Star Wars: Galaxy’s Edge’
  • ‘Shale is not superman.’ Geopolitical chaos is testing the limits of America’s oil boom
  • The US job market keeps getting stronger. Hiring is up, unemployment falls to near 50-year low
  • ‘Avengers: Endgame’ goes for more box office records this weekend
  • How to handle a slacker at work
  • Shopping Content by CNN Underscored
  • Why a Chromebook might be right for you
  • PERSPECTIVES Facebook’s new plan doesn’t protect your privacy. Neither does the FTC
  • WeWork started out renting desk space. Now it’s looking to change how we live
  • The US economy has been growing a long time. Here’s how it keeps adding so many jobs
  • Adidas can’t make enough sportswear to meet demand
  • These Adidas running shoes are 100% recyclable
  • This is DSW’s plan to save itself
  • American retailers already announced 6,000 store closures this year. That’s more than all of last year
  • Allbirds is shaking up footwear with machine-washable wool shoes
  • Amsterdam is using freebies to help ban polluting cars by 2030
  • VW is creating an electric future. This is what it looks like
  • Ford is being investigated by US Justice Department over emissions testing
  • London gets world’s first 24-hour air pollution charge zone
  • EU accuses German carmakers of colluding to delay clean air technology

Select Bullets from Fox Business

  • Coca-Cola investing in marijuana would be a ‘big mistake,’ Warren Buffett says
  • US job growth surges in April, while unemployment drops to lowest rate since 1969
  • Larry Kudlow: Fed looking at rate cuts
  • WATCH: Kudlow slams Biden over false Trump tax cut claim
  • April’s job report in 3 charts – and key highlights
  • Are CEOs overpaid? Warren Buffett’s children weigh in
  • World’s wealthiest countries, per capita
  • What retirement means to Baby Boomers, Gen X, Millennials
  • Here’s how the DOJ plans to kill ObamaCare
  • Marriott CEO to begin pancreatic cancer treatment
  • Trump admin rebate rule to cost $177B, Congressional Budget Office says
  • Billionaire Mark Cuban reveals shocking ‘side hustle’ that paid $25 an hour: ‘I’d take that job now’
  • Philip Morris CEO: Smokeless ‘transformation’ for the company is like no other
  • GM recalls 368,000 trucks for engine block heater fire risk
  • 10 companies that let you bring your dog to work
  • Democrats’ economic snubs baseless, give Trump edge in 2020: Linda McMahon
  • Kentucky Derby’s 2-time Triple Crown trainer Bob Baffert a $287M horse racing institution
  • Baffert has trained five Kentucky Derby winners overall.
  • Kentucky Derby purse rises to $3M, first increase since 2005
  • Kentucky Derby betting favorite Omaha Beach withdraws, shakes up field
  • Free trade and legal immigration can be economic cornerstones
  • Real reason Congressional Democrats trash Barr: Varney
  • Trump vs. Biden on unions: It is really about leaders vs. members

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance5.3.2019DailyBusinessNeawsManufacturedHousingIndustry-StocksMarketsReportsDataMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

JobsSurgeAPrilUnemploymentLowestSince1969ManufacturedHomeMarketUpdatesMHProNews

We’ve sandwiched the West Wing Reads for today between graphics from left-of-center CNBC and a video from CBS News.

On a day when the Russell and the other 3 major markets rose, and the manufactured housing industry connected tracked stocks largely rose, here’s our report for tonight.

AprilJobsSnapshot1ChartInfographicApril2019CNBCDailyBusinessNewsMHProNews

Jobs Surge in April, Unemployment Rate Falls to the Lowest Since 1969

“The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to 3.6%, the lowest in a generation, according to a Labor Department report Friday,” Jeff Cox reports in CNBC. The American economy “easily beat Wall Street expectations of 190,000 and a 3.8% jobless rate.”

Click here to read more.

 

 

“President Donald Trump hits a new high on his economic approval ratings in a new CNN Poll conducted by SSRS, reaching 56% of Americans saying he’s doing a good job on the economy,” Grace Sparks reports for CNN. “At the same time, Trump’s favorability rating has hit its highest point since the 100-day mark of his presidency.”

 

 

“Doing her best to raise the level of civility in Washington, Nancy Pelosi called William Barr a liar on Thursday . . . The real reason for Mrs. Pelosi’s slander is what else Mr. Barr said the last time he was before Congress. He said that spying on a political campaign was a ‘big deal,’ that he thought the FBI did spy on the Trump campaign in 2016, and that he intends to find out what happened and why,” The Wall Street Journal editorial board writes.

 

 

“What is perhaps most notable about this episode is that Robert Mueller — or, perhaps, as Barr hinted in his Wednesday testimony, people around him — were concerned about the media coverage and political discussion around his report. Particularly troubling was that it wasn’t damning enough of the president. This is not a prosecutorial concern, but a political one unworthy of people who were invested with incredible investigative power in the name of objectivity,” the National Review editorial board writes. “Bill Barr’s critics are demonstrating their lack of judgment and seriousness, not his.”

 

 

“Only about 15 percent of America’s students have a reasonable understanding of American history. And the numbers look just as bleak in other core subjects,” Education Secretary Betsy DeVos writes in the New York Post. “There are many who propose we spend even more on doing the same thing over and over again. Albert Einstein called this ‘insanity.’ . . . Students deserve something different. And actually doing something different demands courage to confront a powerful and pernicious establishment — one that opposes change in education.”

 


EmploymentSincePOTUSDonaldJTrumpTookOfficeJan2017

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

5.3.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


Matthew Silver - Reporter at Large
Soheyla Kovach - Support Services
L.A. 'Tony' Kovach - Publisher, Editor and Marketing Director. To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com
Comments are closed.