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Jobs Go Boom: Employment Numbers Show Trump Effect

March 8th, 2017 Comments off
JobsGoBoomEmploymentNumbersShowTrumpEffectcreditHeathersHomilies-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: Heather’s Homilies.

For President Donald Trump, the news regarding jobs made for a great morning.

U.S. private sector job creation surging with nearly 300k created last month. Much more than expected!” tweeted Trump.

Today’s report from global payroll firm ADP provides the first look at hard figures from the President’s first full month in office.

JobsGoBoomEmploymentNumbersShowTrumpEffectcreditUKDailyMail3-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: U.K. Daily Mail, Twitter.

According to CNBC, employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000.

Construction jobs increased by 66,000 and manufacturing added 32,000.

The total exceeded market expectations of 190,000, according to economists surveyed by ADP.

JobsGoBoomEmploymentNumbersShowTrumpEffectcreditCNBC-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: CNBC.

February proved to be an incredibly strong month for employment with increases we have not seen in years,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.

Confidence is playing a large role,” said Mark Zandi, chief economist of Moody’s Analytics on CNBC.

Businesses are anticipating a lot of good stuff — tax cuts, less regulation. They are hiring more aggressively.

JobsGoBoomEmploymentNumbersShowTrumpEffectcreditUKDailyMail1-postedtothedailybusinessnewsmhpronewsmhlivingnews

President Donald Trump in Orlando, FL last week. Credit: U.K. Daily Mail.

A further breakdown shows that service jobs led the way at 193,000, with 66,000 coming from professional and business services and 38,000 from health care.

Companies with 50 to 499 employees added the most with 122,000, while small firms added 104,000 and large contributed 72,000.

 

Distractions, Dodges, Delays and Disruptions

Even with job growth, President Trump still faces staunch opposition, distractions, dodges, delays and disruptions.

Billionaire George Soros, who supported Hillary Clinton to the tune of almost $10 million to super PACs, along with connections to funding of Black Lives Matter and other “rent-a-riot” organizations, made his position crystal clear in January at the World Economic Forum in Davos, Switzerland.

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George Soros at Davos. Credit: CNBC.

I personally am convinced that he is going to fail,” said Soros.

Failure will come not because of people like me who would like him to fail, but because his ideas that guide him are inherently self-contradictory and the contradictions are already embodied by his advisors.

Soros then elaborated on his comments.

I have described him as an impostor and a con man and a would-be dictator,” said Soros.

But he’s only a would-be dictator because I’m confident that the Constitution and the institutions of the United States are strong enough. He would be a dictator if he could get away with it, but he won’t be able to.

But, not every billionaire sees Trump in a negative light.

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Sam Zell, ELS Chair, credit, MHProNews.

I think Donald Trump is very smart and has a unique opportunity to change things and lead this country,” said ELS Chairman Sam Zell.

And I think this country desperately is looking for somebody to give us leadership.

 

Impact on MHVille

While the anti-trump side of the media spotlights the Soros-backed “rent-a-riot” protests, businesses are investing billions more in the U.S., and job growth continues, all based upon President Trump’s economic policies.

FromObamatoTrumpAmericaCelebratesProtestsandContemplatescreditCNBC-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: CNBC.

As well as the markets and new job creation are already responding to his initiatives, where could we be if there wasn’t a non-stop assault on our new president?” said MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach.

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L. A. ‘Tony’ Kovach is the publisher of MHProNews.com, MHLivingNews.com and MH Consultant.

Back in November, Tim Williams told MHProNews that, “I am deeply encouraged that less than 24 hours into President Trump’s term, he has frozen new, potentially burdensome regulations.”  For his full comments, click here.

MHARR CEO, M. Mark Weiss, JD, told MHProNews similar thoughts, see the story, linked here.

For more on the progress of the Trump Administration, including proposed budget cuts to National Public Radio (NPR) and the Corporation for Public Broadcasting (CPB), click here. ##

(Image credits are as shown above.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Another Home Supplier to Western North Dakota

April 23rd, 2013 Comments off

A modular home builder with operations in Aberdeen, South Dakota is hoping to open a facility in Fort Yates, North Dakota to provide housing for the Bakken Oil Field boom. As bismacktribune tells MHPronews, the ATechBuilder Corp. expects to hire 45 full time employees to build the 1,100 to 2,500 square foot modular homes that will cost under $100,000 to over $250,000 each. ATech’s Rick Downs, anticipating an opening of the modular plant this fall, says he is seeking investors for the $1.5 million facility, and wants to open additional production sites in the state. Located in south central ND, Fort Yates is home to Sitting Bull College, and the company is expected to draw employees from the Sitting Bull Indian Reservation.

(Photo credit: merchantcircle–modular home under construction)

Is the Sky Falling on Manufactured Housing?

December 13th, 2012 Comments off

The Wall Street Journal says as interest rates remain low and the housing recovery continues to pick up, more people will be buying traditional houses instead of manufactured homes. Citing the drop in production of manufactured homes the last two months following 16 months of consecutive industry growth, and the fall in earnings of two of the biggest MHC owners nationwide in the last three months, analysts say it’s the high interest rate on MH that is causing the drop, especially compared to conventional mortgages. While they expected the climb to continue, they are far from dismayed. Sam Landy, president of MHC owner UMH Properties, Inc., while noting the “real boom in sales” is not here yet, remains confident, adding manufactured home sales are up 33 percent since 2009. Monthly rentals comprise 11 percent of UMH’s portfolio, an increase from under nine percent in 2009. As MHProNews knows, UMH owns a portfolio of 41 properties comprised of over 9,000 home sites.

(Photo credit: Wall Street Journal/UMH Properties, Inc.)

Housing Summit Meets in ND

May 18th, 2012 Comments off

InForum says organizers of the Bakken Housing Summit in Williston, North Dakota are calling for 5,000 homes in western ND in the next 24 months to meet the demand for housing in this oil rich region. Real estate developer Michael Milner of Salt Lake City says, “Without federal interference, this will be one of the most significant economic opportunities this country has had in the last 50 to 100 years.” He says his company is building family homes in ND, but they are using private equity because credit through banks is tight. Over 350 attendees from 33 states heard discussion concerning lenders who see only a temporary boom, shortages of tradespeople, and difficulty of obtaining supplies. Clint Wilson of HybridCore Homes in CA compared the construction scene to building on the moon. Says Wilson, “If you haven’t brought it with you, you’re going to have a delay for trying to complete your project.” MHProNews.com has written several stories about housing in ND.

((Image credit: GlobalRegina)

City Turns Back Modular Housing Bid

May 14th, 2012 Comments off

As follow-up to a story we posted March 16, 2012, a developer, Dan Coen, had proposed two modular housing developments comprised of 31 four and eight-person living quarters to house oil and gas workers in the energy boom now hitting the Carrollton County, Ohio area. Land that leased for $5 an acre five years ago is now going for almost $6,000 an acre, and county officials estimate 75-95 percent of the whole county is under lease to one of the dozen companies drilling. CommunityPress tells MHProNews.com rental housing prices have tripled, created by demand for living quarters. City hall turned down Coen’s request for the modular units, even though Coen said he would convert the units to single-family homes once the project ends. He is now looking at renting homes in MHCs to the workers.

(Photo credit: Simcoe)

Wholesale Modulars Going to Booming ND?

April 24th, 2012 Comments off

PRWeb reports to MHProNews.com from North Dakota modular general contractor M Space is sponsoring the Bakken Housing Summit May 16-17, 2012 in Williston, ND. Bringing together lenders, developers, government representatives, and investors, the goal is to build 5,000 homes in two years to meet the demand for housing is this energy boom region. Jeff Deutschendorf, President and CEO of M SPACE, says, “We are pleased to sponsor this summit and look forward to supporting the continued growth in the Williston community.”

(Photo credit: Excel Homes)