Archive

Posts Tagged ‘Corruption’

Manufactured Home Production Slide Continues – Call it Corruption, Collusion, Incompetence, Attempted Coverup – Self-Evident Failures Mount

February 5th, 2019 Comments off

 

ManufacturedHomeProductionSlideContinuesCallitCorruptionColusionsIncompetenceCoverupSelfEvidentValuresMountDailyBusinessNewsMHProNews

 

The Daily Business News on MHProNews starts this report with the release from the Manufactured Housing Association for Regulatory Reform (MHARR) on the new HUD Code manufactured home shipment data for December 2018.

 

We will then turn to some additional analysis and commentary on the closing totals for 2018.

 

HUD Code Manufactured Home Production Decline Persists – Time For Action Not Excuses

 

You can read MHARR’s analysis on their website, by clicking on the text/image graphic above – or continue here below for their complete text, which will be followed by our analysis and commentary which follows their release.

 

HUD Code Manufactured Home Production Decline Persists – Time for Action not Excuses  

Washington, D.C., February 4, 2019 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured home production declined again in December 2018. Just-released statistics indicate that HUD Code manufacturers produced 5,943 homes in December 2018, a nearly 18% decline from the 7,245 new HUD Code homes produced during December 2017. On a cumulative basis, then, industry production for 2018 totaled 96,555 homes, a 3.9% increase over the 92,902 HUD Code homes produced in 2017.

Annual HUD Code industry production totals for the past ten years – from 2009 to 2018 – are thus:

  • 2009 – 49,683 homes
  • 2010 – 50,056 homes
  • 2011 – 51,618 homes
  • 2012 – 54,881 homes
  • 2013 – 60,228 homes
  • 2014 – 64,334 homes
  • 2015 – 70,544 homes
  • 2016 – 81,136 homes
  • 2017 – 92,902 homes
  • 2018 – 96,555 homes

 

While the four-consecutive-month decline in industry production that began in September 2018, as previously noted by MHARR, is disconcerting, continuing strength in the broader economy, as well as the exceptional quality and value of today’s HUD Code manufactured homes, demonstrate – once again – that constraints on industry sales and production levels exist primarily, if not exclusively, within the post-production sector, as was detailed by MHARR in the January 2019 edition of “MHARR: Issues and Perspectives.” And, while those constraints, including exclusionary and discriminatory zoning and placement restrictions, as well as wholly inadequate consumer financing support from Fannie Mae, Freddie Mac and Ginnie Mae, are quite real and extremely damaging to both the industry and American consumers of affordable housing, the remedies for those constraints are also quite real and already in existence, in the form – among other things – of the “Duty to Serve Underserved Markets” (DTS) provision of the Housing and Economic Recovery Act of 2008 (HERA) and the enhanced federal preemption of the Manufactured Housing Improvement Act of 2000.  In short, the industry and consumers do not need new laws.  What is sorely needed, rather, is a willingness to aggressively advance and fully implement all aspects of these existing laws, instead of chasing after illusions – i.e., new laws that, even if enacted by a politically-divided Congress, would take still more years to implement.

MHARR, as a key proponent of both DTS and the enhanced preemption of the 2000 reform law, will continue to aggressively advance the full implementation of both provisions to remedy the post-production limitations that continue to be the primary obstacle to the ability of the industry to achieve its full potential for all families – at every rung of the economic ladder – seeking to achieve the American Dream of homeownership.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through November 2018  — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:

 

MHARR2018vs2017ToptenManufacturedHousingStatesManufacturedHousingAssocRegualtoryReform

Data per MHARR, graphic by MHProNews.

 

The latest information for December 2018, does not result in any changes to the cumulative top-ten list.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.

— 30 —

 

First, in fairness and accuracy, one must note that the Manufactured Housing Institute (MHI) has stated the slide in new home production via their data release to members too.  However, MHI has not raised any alarms.  Quite the contrary, the Arlington, VA based trade group has touted “momentum” in their own materials.

While an MHI attorney specifically complained about the use of this graphic, below, MHI arguably KNEW what as about to occur, per our sources with MHI. Rephrased, MHI produced this video touting “momentum” knowing that production totals were about to show a decline.

 

ManufacturedHousingInstituteMHINewClassofHomesDailyBusinessNewsMHProNews

Collage of logos plus a still from MHI Video, logos added by MHProNews. Provided under fair use guidelines.  MHARR and MHProNews were essentially alone in publicly warning against this ‘new class of homes.  It should have been obvious that the HUD Code as a whole should have been promoted, not a tiny select group of housing units that have yet to take off. The logic for their ‘new class’ was arguably flawed from the inception. The data now proves it.

ManufacturedHousingInstitutelogoMHILogoMHIVideoStillsMillionsofViewsDailyBusinessNewsMHProNews

 

Their promotions are red-herring, razzle-dazzle, whatever phrase one might call it, besides an attempted deception – a ‘cover up,’ in that sense.

 

RedHerringWikipediaDailyBusinessNewsMHproNews

Artful dodge, razzle dazzle, ways of emotionally or otherwise moving the focus away from the actual issue.

 

Let’s look at the data from MHARR above, through a different lens.

 

Top10States5StatesDeclineManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

The Arlington-based association have used MHI surrogates to echo increasingly self-evidently false impressions.  MHI’s members include the top 3 producers.  They therefor could or should have known the coming totals, well in advance of the industry at large.  Yet MHI and their  amen-corner connected trade publishers are still singing sunshine and roses. What credibility do those MHI mouthpieces have, given the stubborn facts?

While some sign ‘amen’ to all that MHI says, meanwhile, the new manufactured home shipment levels have demonstrably dropped. Facts are #NettlesomeThings.

Numbers of state associations pass along MHI “housing alerts” and ‘news updates’ without any critical analysis. That’s not to condemn all state associations and their executives — some of them are reliable sources for us.  But those that do so feel apparently feel trapped.

While mainstream housing, multifamily building, or RV shipments have soared, manufactured housing is snoring. While there is a modest rise at the first of the year, it was almost wiped out during the drop of last 4 months of 2018.

As MHProNews recently reminded readers, 4 years ago, Richard ‘Dick’ Jennison assured manufactured housing professionals in front of a live audience, caught on video, that the industry could do 500,000 new home shipments.  Previously, MHI projected 107,000 shipments for 2018.  Now, the industry fell thousands of units short of even 100,000.

 

MHI CEO Dick Jennison’s Pledge – 500,000 New Manufactured Home Shipments

 

The reason we keep reminding readers of this video of MHI’s CEO Jennison is that he signaled their slow growth at the time. Jennison’s words, on camera.

 

 

The graphic below was produced prior to the final totals that we now have in hand.  It will have to be updated, as it is 3,445 units too high. Nevertheless, it is still more accurate on the GDP contributions at retail of manufactured homes to the U.S. economy.  Why is it that MHI can maintain – with a straight face – inaccurate information?

But the point of the graphic below is to highlight the opportunity, vs. our industry’ truly meek performance.

 

ManufacturedHomeTotalsin1.6TrillionDollarUSHousingIndustry2018-Feb22019

This graphic needs to be updated in the light of the fact that it shows 3,445 more units than were actually sold in 2018. But the principle is sound, Manufactured Housing is underperforming. MHI can’t have it both ways. MHI either are or are not the industry’s ‘leaders.’ If MHI are the leaders, then aren’t they responsible for poor results?

 

Here is the simple logic.

MHI either

 

  • Knows how to grow manufactured housing, but is not doing so.
  • Does not know how to grow manufactured housing, but postures through videos and other tools that they are properly promoting the industry.
  • Some combination of the above 2.

Are any of those outcomes acceptable?  Isn’t this the latest example of why deceptive trade practices should be part of a legal investigation of MHI?

DeceptiveTradePracticesManufacturedHousingInstituteDailyBusinessNewsMHproNews

The need for a new, post-production association is becoming ever-more-clear.  Instead of explaining themselves, or defending the industry against mainstream media or other problematic errors about manufactured housing, why are they spending legal dollars threatening MHProNews?

MHI has made MHProNews part of the narrative, by directly and indirectly hiring attorney(s).  Okay, aren’t their deeds once more showing their hand?  MHI won’t defend the industry, nor are they successfully promoting the industry, but they are willing to spend money attacking those that are reporting the facts about their failures?

It is the Omaha-Knoxville-Arlington axis and their allies that have ducked the issues.

Let’s close with Mark Weiss, JD’s, apt summary from the above.

 

MarkWeissJDPresidentCEOManufacturedHousingAssocRegulatoryReformDailyBusinessNewsMHProNews“…continuing strength in the broader economy, as well as the exceptional quality and value of today’s HUD Code manufactured homes, demonstrate – once again – that constraints on industry sales and production levels exist primarily, if not exclusively, within the post-production sector, as was detailed by MHARR in the January 2019 edition of “MHARR: Issues and Perspectives.” And, while those constraints, including exclusionary and discriminatory zoning and placement restrictions, as well as wholly inadequate consumer financing support from Fannie Mae, Freddie Mac and Ginnie Mae, are quite real and extremely damaging to both the industry and American consumers of affordable housing, the remedies for those constraints are also quite real and already in existence, in the form – among other things – of the “Duty to Serve Underserved Markets” (DTS) provision of the Housing and Economic Recovery Act of 2008 (HERA) and the enhanced federal preemption of the Manufactured Housing Improvement Act of 2000.  In short, the industry and consumers do not need new laws.  What is sorely needed, rather, is a willingness to aggressively advance and fully implement all aspects of these existing laws, instead of chasing after illusions – i.e., new laws that, even if enacted by a politically-divided Congress, would take still more years to implement.”

That’s the vexing reality. That’s “News through the lens of manufactured homes, and factory-built housing” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Warren Buffett’s Moat, Understanding Manufactured Housing Requires Grasping Strategic Economic Moats

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

Manufactured Housing Institute’s Three Stooges? SECO ‘Leaders’ George F. Allen, Spencer Roane, Tom Lackey and ‘Rent to Own’ Scams?

“The Illusion of Motion Versus Real-World Challenges”

MHARR Releases Study Recommending Independent Collective Representation for Post-Production Sector

 

 

 

 

 

Exploring Corporate, Association, Individual, Investor, and Governmental Corruption Involving Manufactured Housing

January 13th, 2019 Comments off

 

ExploringCorporateAssociationIndividualInvestorGovernmentalCorruptionInvolvingManufacturedHousingDailyBusinessNewsMHProNEws

Go ahead, say it. Naïve, idealistic, rash, foolish, or a crusader who believes that the only way that positive change occurs is by intelligently challenging the status quo.

 

That challenge can and should be honorable, and it can and should be profitable.

So, pragmatism and reason are involved.

Over the years, perhaps more so recently, a periodic stream of tips and sources revealed a variety of insights into what can be termed corruption.

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

 

Here are some examples, many of which have not yet been reported here on the Daily Business News on MHProNews previously. But in one or more cases, some of these may have already been turned over to the appropriate authorities.

  • Manipulating credit bureau reports.
  • Kickback schemes involving refurb, transport, or installation – among others.
  • Using undocumented labor in often dangerous ways.
  • Sexual exploitation.
  • Corruption involving local, state, or federal officials.
  • Political, professional, and other forms of backstabbing.

 

I’ve mentioned my brothers on occasion.  My younger brother Tom is rather an activist. We see some things alike, others differently, as is true of any two people.  One thing we’d agree upon is his latest quotation sent in his email ‘signature’ – it is this:

 

He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He who accepts evil without protesting against it is really cooperating with it.”
– Martin Luther King, Jr.

 

One should keep in mind that there are a variety of ways to fight what Donald Tye, Jr. called the rigged system.”  Fighting a rigged system can be as easy as a useful off-the-record news tip. Many of our tips come from major firms that are MHI members.   Support can also take the form of advertising, other forms of marketing, or using our professional business development services.  Our services have been highly praised by third-parties. Want to accelerate the process of positive, profitable change? Help us, help you, so that manufactured housing can advance.

 

RevDonaldTyeJrManufacturedHousingAdvocateQuickestWayWealthIndustryVoicesMHProNews500

 

Because what the recent trends reveal – see the linked reports below – is that accepting the status quo is taking the industry backwards. While a monopolist or the retired may be able to afford that – or may even want that for some period of time – thousands of our readers ought to avoid the risk the continuation of the current trend lines represents.

 

Happy Talk?  Really?

Happy talk doesn’t resolve an actual problem.  That’s like believing that looking the other way means the growing number of roaches you saw in the garage or a room will magically disappear.  Want to get rid of the vermin?  You start by shining a light — watching those roaches run confirms that they exist.  Then you have to use appropriate roach killers, because nothing else will do.

We opt not to live with ugly, nasty pests.

When it comes to people that are pests, obviously, you don’t poison them like you do an insect.

Rather, one must still deal with them in an ethical, lawful, and effective fashion.

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

 

Otherwise, they will keep doing what they have been doing.

 

ClaytonHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2017DailyBuisnessNewsMHanufacturedHousingIndustryProNews

Clayton’s blog said that in 2017, they ‘only’ had 47.7 percent of the market share, but other sources place that market share at 50 percent. Rep. Maxine Waters accused Clayton of all manner of things. Let’s see what Chairman Waters will do – as she and other Democrats accused Clayton of being a near monopoly, alleged racism, and predatory lending – now that she heads up the powerful House Financial Services Committee, will she act?

ItsATerribleIdeaHavingCommunitiesOtherDivisionInWithClaytonBerkshireLenders

Comment from one of the top MHI NCC community members to MHProNews.

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

For more on independent retailers, see a related report about the Atlantic’s research, further below.

 

What’s the Safest Place to Hide?

Why not take the example of Warren Buffett, Kevin Clayton, Tim Williams and the Manufactured Housing Institute (MHI)? Why not hide in plain sight?

See more on that and more in the linked reports below.

We’ve been public in pushing back against the Omaha-Knoxville-Arlington Axis.  While it isn’t always what I’d call fun, we’re still running the marathon.  Translation? Unless you are a monopolist yourself, come on in, the heated pools here in Florida make the water fine.

TheyTheBigBoysThinkTheyOwnUsIndependnetsQuote

Resisting Fear or the Pressure – Publicly

Over the course of several years, there were allegations of this or that person tied to MHI pressured a firm or person into not advertising here, even though they had good results while they did. More recently, an apparent MHI surrogate has asked readers like you to cover your eyes to the truth. Why?  What does that person, or that organization have to hide?

As recently as a week ago, we gave MHI and their top names the opportunity to correct or respond publicly to our reports.  Their reply? Silence.  Maybe they plan on taking the 5th when their time comes?

Fearful? Feel intimidated? Why? They are silent in the face of the evidence. Like roaches with the light turned on, they are looking for cover.

We believe in giving credit where due, that metaphor came from a high-level industry reader who is in MHI, and says they are sick of what’s happening to our once great industry.  That pro and others do what they can.

Why not look at the example of Legacy? While others were self-admittedly fearful, Legacy went to where the largest and most engaged audience in MHVille is – right here on MHProNews.  See more on that, linked below.

YouMHProNewsSeemToHaveConceptualIQThatIsMoreImportantThanSpellingAbilityQuote

Many of these quotes are from MHI insiders.

 

Peeling Away at the Onion

The more we peel away at the layers of the onion, the more evident the patterns of corruption and manipulation appear to be.

These deliberate actions and inactions have arguably cost honest women and men – collectively – billions of dollars annually.  That’s the logic of the math of one Jeff Bezos’ Amazon Alexa Fund.  If the Alexa Fund says that factory-built housing could be a large part of a $330 billion dollar a year market, you do the math.  In 2017, the industry finished with an estimated $6.5 billion in new retail sales. Divide 6.5 into 330 and see what you get.

DearTonySoheylaNoGreaterResourceSpeakstoIssuesOpportunitiesWeFaceAsIndependentRetailersGusRodriguezTejasHomesTX

Gus’ message came in response to a series of exposes on issues within manufactured housing, as well as tips, strategies and opportunities.

While that’s an imprecise way of calculating how much larger your firm’s sales could be, it sheds third-party light on the topic.  It explains why the consolidators want to squeeze as much market share as they can, before they take the foot off the break pedal.  If they win, you lose.  If they win, watch the day that the foot comes off of that break.  Because we believe manufactured homes could soar to over 1,000,000 shipments a year, in fairly short order.

 

FootOnBrakePedalManufacturedHousingIndustryDailyBusinessNewsMHProNews

By artificially keeping manufactured housing smaller that it should be, through the types of direct and indirect actions we’ve been documenting and reporting in recent years, a few large firms are slowly “consolidating” – monopolizing – this once great industry. It’s happening in other industries too.  But as the report from the Atlantic below reminds readers, it is arguably more visible and pronounced in MHVille.

 

BarryColeMHInsuranceRVMHHallofFameCongratsManufacturedHomeIndustryMHProNews

Note, Barry Cole’s prior anniversary kudos message raises important points. 

 

Recently, an industry pro that this writer had a ‘misunderstanding’ with cleared things up.  That person said he ‘now sees what you guys [MHProNews] are doing.’ We all need some patience with each other, as none of us are perfect – admittedly starting right here. But as Tim Williams and others have noted, once someone points out an error in fact, reason – or typing – we are happy to correct it.  It was patient input from others over the course of years that made us finally see what’s happening in MHVille.  My sincere thanks to those who did.

IfMHProNewsIswritingAboutItIWantToKnowAboutItQuote

The truth can be painful. Perhaps there are times when it may seem merciful to spare someone some piece of information. But unless the truth is known, how can wrongs be corrected?

Accountability is a hallmark of a good business or professional.  Mistakes should be corrected.

Corruption should be rooted out.

ProfessionalBackroundLinkedInProfileRecommendationsQuoteMHProNEws

Without further adieu, let’s dive into the headlines from the reports and articles in the week that was.

NothingIsChangedUntilItisChallenged-768x318

Will we see you at the upcoming trade shows?

 

Reminder, we don’t create a linked-text box around every article, but each one linked below was curated for specific reasons.

 

What’s News on the Daily Business News on MHProNews

 11DailyBusinessNewsMHProNewsLogos

 

Saturday 1.12.2019

Manufactured Homes Shunned by City for Higher Cost Container Housing

Friday 1.11.2019

Useful Manufactured Housing Institute Provided Info, MHI M.O. Revealed

“Huge” February 2019 Manufactured Home Sale Announced, Competes with Louisville, Tunica?

 

Thursday 1.10.2019

Clayton Homes Fights Zoning, for “First Class Manufactured Homes” – Mainstream Media Reports

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

Manufactured Housing Institute on Urban Institute, Bloomberg, National Association of Realtors Reports Praising Manufactured Homes

 

Wednesday 1.9.2019

Mobile Home Replacement Plan Offers Upgrade to Manufactured Homes

Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$

 

Tuesday 1.8.2019

Chinese Buyers Compete With U.S. Buyers for American Housing, Plus MH Markets Updates

Open Offices? Not So Fast, Per New Study

New Report – More Americans Think Bad Time to Buy, Rentals Soar. Manufactured Housing, Opportunities, Takeaways?

 

Monday 1.7.2019

Allianz’s Mohamed El-Erian Says Globe Slowing, but U.S. “Very Good Place” Economically, Plus MH Market Updates

2019 Trade Shows, Next Battleground of the Manufactured Housing Revolution?

New Era in National U.S. Manufactured Home Community Representation Underway?

Insider Trade During SEC Mandated ‘Quiet Period’ at Legacy Housing Corp

 

Sunday 1.6.2019

Neal T Haney, NAMHCO Then, Now and What’s Next in Manufactured Housing and Land Lease Communities

 

What’s New from MHARR

Independent National Manufactured Housing Post-Production Association Takes Major Step

Production Decline Continues in November 2018

 

 

What’s New on MHLivingNews

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

 

What’s New on the Masthead

Profitably Defeating “the Long Knives” – 2019 New Year’s Resolution for MHVille

 

That’s it for now, kindly check in again tomorrow. Sign up for our industry leading emailed headline news below. See why some of the biggest names are hooked on them, but so too are the mom-and-pops and all others in between.  “We Provide, You Decide.” © ## (News, commentary, and analysis.)

(See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them. Third-party images and content are provided under fair use guidelines.)

LATonyKovachQuoteManufacturedHousingIndustryWontReachPotentialAddresscoreIssuesArtificallyholdingitback466By L.A. “Tony” Kovach – for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
http://www.linkedin.com/in/latonykovach

Sign Up Today!EmailedMHProNewsHeadlineNewsDailyBusinessNews

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

Related References:

The text/image boxes below are linked to other reports, which an be accessed by clicking on them.

New Association Weighs In, Giving Credit Where It’s Due, Opportunitie$, But Winds of Change Challenge Manufactured Housing’s Future

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

Manufactured Housing Institute Housing Alert, Affordable Housing Crisis, MHI’s #NettlesomeThings Response

 

 

 

 

 

 

New Records Achieved, Who Gets JOLT Credit? Surprising Insights for MHVille

September 13th, 2018 Comments off

 

NewRecordsAchievedWhoGetsJOLTCreditSurprisingInsightsMHVilleDailyBUsinessNewsMHProNews

The U.S. Labor Department’s Job Openings and Labor Turnover (JOLT) Survey reported a new high this week, approaching the 7 million mark.  Those in manufactured housing are all-too-familiar with this number in a practical way, because factory-builders and others tell the Daily Business News on MHProNews that competition for labor is growing more intense.

 

 

CNBC’s breakdown of the Labor Department data revealed the following highlights:

 

  • Vacancies outnumbered those classified as unemployed by 659,000 for the month, an unprecedented trend that began earlier this year. Openings rose by 117,000 from June, to 6.94 million, and are up 737,000 over the past year, a nearly 12 percent increase, the department said in its monthly Job Openings and Labor Turnover Survey.
  • The “quits” rate, an indicator of worker confidence as it measures those who left their positions voluntarily, also hit a record of 3.6 million, a gain of 106,000, according to Bureau of Labor Statistics records that go back to December 2000. The quits rate of 2.4 percent is the highest recorded since April 2001 and was up one-tenth of a percentage point from a month ago.
  • Professions registering the biggest gains in job openings were finance and insurance at 46,000 and nondurable goods manufacturing, with 32,000. Openings decreased in retail (-85,000), educational services (-34,000) and federal government (-19,000).
  • New hires totaled 5.68 million, a marginal increase from June but also a series high and an increase of 3.3 percent from the same month a year ago.

MHProNews curates information from a variety of sources across the left-right divide for good reasons. Among them, doing so provides a reality check to those who only get their news mainly from media that lean left, or lean right.

CNBC is left-leaning, and tends to be anti-Trump and pro-Democratic.  Who says?  Among others, former CBS News investigative correspondent in their Washington bureau, award-winner – and now independent journalist, Sharyl Attkisson.

CNBCLeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

So this analysis by Jeff Cox of CNBC on who should get credit for the economic records being achieved is all-the-more interesting.

 

What MH Associations, Trade Groups Say

Manufacturing has also reported new records.  The National Federation of Independent Business (NFIB), a trade association of some 325,000 members – which sources there say includes hundreds from the manufactured housing industry – has also hit new highs in business confidence.

Regrettably, while many sectors are hitting new records, manufactured housing is still struggling to crawl back to the 100,000-shipment level.  This is one of many reasons why the Manufactured Housing Association for Regulatory Reform (MHARR) – an independent-producers (HUD Code home production) trade association – has for years said that a new post-production association is needed.

Double-Digit HUD Code Manufactured Home Production Growth In July 2018, MHARR

The Manufactured Housing Institute (MHI) is the industry’s self-proclaimed umbrella trade group – including production and post-production – members.  Their own claim puts the onus on them to lead a more robust retail sales recovery.  MHI messages to their affiliates and members routinely take credit for almost anything that might appear to be good coming out of Washington, but the bottom line numbers are a metric that they can’t – or shouldn’t – ignore.

The new manufactured home shipments data tell a different story than the one that the overall U.S. economy is experiencing.

Why?

It’s an important issue for every independent, some of whom never experienced the industry’s higher producing glory days.  As a recent MHProNews report reveals, RV’s went from trailing manufactured housing in 1998, to surpassing manufactured housing only a few years later.  Today, RVs outsell manufactured housing by some 5 to 1.

RVsshipmentsTrailedMH1998WinnebagoDailyBusinessNewsMHProNews

MHI?  What about what MHI award-winner Marty Lavin called the “Big Boys” – including those associated with Berkshire Hathaway?

How do those ‘big boys’ and the association they dominate explain closing 100 sales centers in recent years, while RVs continue to grow?

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not make offer a cogent explanation?

Clayton’s Surprising Result – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 19 to Aug 26, 2018

How can the industry continue to struggle by historical terms, during an affordable housing crisis?  With the amazing spread in housing costs between conventional and manufactured homes, how can manufactured housing be struggling to recover to even 100,000 new home shipments?

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

Figure1MobileManufacturedHomeSalesSHipmentsVsExistingingNewHouseSalesManufacturedHousingiinudstryDataMHProNews

There are a growing number of industry voices that believe that BH/CMH and MHI have by various action/inaction has kept manufactured home sales at historically low levels. Evidence for the allegations and concerns on this page? See Related Reports and videos, linked below, which quotes and cites BH, MHI, CMH, 21st Mortgage Corp, and other sources.

The silence of MHI and Clayton on such bottom-line issues that really matter – like new home sales levels – is deafening, isn’t it?

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

President Donald J. Trump promises reforms in regulatory and taxation that would spur job growth. He’s delivering on those promises, as NFIB and other groups have applauded.

As the midterms loom, keep in mind four words that President Trump and Vice President Mike Pence, who hails from manufactured home producing Indiana, have been saying for months: “Promises Made, Promises Kept.”

“Growth,” “Fight on to Victory,” “One People, One Family, and One Glorious Nation Under God”

The ability for independents, and businesses of all sizes, to success in a pro-business, pro-jobs growth environment are obvious.

The fact that many of these JOLT report jobs are in sectors that former President Barack Obama said were never coming back proves just how wrong he and Secretary Hillary Clinton were, and just how right the policy proposals of the Trump team have been.

 

Clayton, Clintons, Buffett, Then and Now…

There are those in the industry who take a ‘see no evil, hear no evil, speak no evil,’ approach. But as Albert Einstein once observed, if you had an hour to devise a plan to solve a problem, he’d spend 55 minutes learning the background issues related to the problem, and then would spend 5 minutes devising and proposing the solution. Yesterday, MHProNews provided the following report, which has already had thousands of hits.

“Toxic Trailers” – Clayton Homes, Warren Buffett, Kevin Clayton, Clintons – Exposé Videos

With that above report in mind, the following video documentary on the Clintons takes on a new meaning.

This video is an hour and 4o minute long, so you better do this during off time.  The documentary video walks viewers step-by-step, interviewing state and federal investigators, witnesses, and shows corroborating documents. As an FYI for those considering the claims in the video below who may be new to such issues, the Clintons both were associated with Arkansas’ Rose Law Firm. Note that a simple Google search will turn up several articles from mainstream media that confirm many of the topical allegations raised.

The above concerns and controversies noted, why did Warren Buffett and the Claytons want anything to do with the Clintons?  Donald J. Trump has said that it pays to know as much as you can about something that affects your life or profession.  Doesn’t the advice by the businessman-turned-president make even more sense?

IfSomethingIsGoingToAffectYourLifeItsBestToKnowAsMuchasYouCanAboutItDonaldTrumpQuoteMHProNews800

That’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

FEDs, MHI, Buffett’s Berkshire’s Clayton Homes Moat, Affordable Housing, and Billion$ in Manufactured Home Market Manipulation