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Record Numbers of Manufacturers Are Optimistic, Per New Reports

March 6th, 2019 Comments off

 

RecordNumbersManufacturersAreOptimisticPlusMoreNewReportsDailyBusinessNewsMHProNews

Two sets of media releases to the Daily Business News on MHProNews reflects the following data, that should be of keen interest to all segments of the manufactured housing industry.

 

First, the following.

NAM91.8PercentRecordHighManufacturingOptimism9MonthsNationalAssocManufacturingDailyBusinessNewsMHProNews

 

Manufacturing in the United States is on the rise, and manufacturers are confident about the future. Empowered by tax reform and regulatory certainty, manufacturers are investing in our communities and in our people. But to keep up this momentum, we have to get serious about infrastructure investment and attracting, recruiting and training our people for the high-tech, high-paying modern manufacturing jobs of today and tomorrow. As laid out in the NAM’s ‘Building to Win’ blueprint, a bold infrastructure plan will help secure American prosperity, job creation and our leadership in the world.” – National Association of Manufacturers (NAM) President and CEO Jay Timmons

 

NAM71.3PercentCiteInabilityAttractSkilledWorkersTopChallengeNationalAssocManufacturingDailyBusinessNewsMHProNews

 

While this is for all manufacturers, not factory-builders, it nevertheless reflects how other sectors of the economy are faring.  So why is manufactured housing still dragging?

 

NAM77PercentCrumblingInfrasctureThreatensCompetitivenessNationalAssocManufacturingDailyBusinessNewsMHProNews

 

More on that, further below the White House press room’s latest to MHProNews.

 

From the White House Press Room:

WhiteHouseMediaNewsReleaseDailyBusinessNewsMHProNews

The nation’s top manufacturers have for the ninth consecutive quarter given the Trump economy a thumbs up, setting record industry optimism of the economy and predicting positive growth unseen during the Obama administration,” Paul Bedard reports for the Washington Examiner. “The past nine quarters . . . have seen record optimism, with an average of 91.8 percent of manufacturers positive about their own firm, compared to an average of 68.6 percent during the last two years of the Obama administration.”

 

U.S. employers need to enhance the skills of their current and future workers for the economy to remain on its robust growth trajectory, said Ivanka Trump, ahead of a meeting Wednesday with prominent business executives, educators and governors,” Eric Morath writes in The Wall Street Journal. Ms. Trump will convene the first meeting of the American Workforce Policy Advisory Board this afternoon.

 

Yeah, This Looks Like a Border Crisis

More than 76,000 migrants crossed the southern border illegally last month, the highest number in 12 years. So much for all those media ‘fact checks’ arguing that there’s no emergency to justify President Trump’s wall,” the New York Post editorial board writes.

Why are they coming in such vast numbers? Because smugglers have put them wise to how to take advantage of recent court decisions to claim asylum and remain here indefinitely.”

Click here to read more.

 

Over the past several years, technological advancements like electronic health records (EHRs), cloud computing, and connected smart devices have made the long-held vision of improving patients’ access to their medical records a genuine possibility,” Senior Adviser to the President Jared Kushner, White House Deputy Chief of Staff Chris Liddell, and CMS Administrator Seema Verma write in Fortune. “A new rule issued by President Donald Trump’s administration will help turn this vision into reality.”

 

 

First lady Melania Trump is challenging journalists to cover the opioid crisis as often as they publish ‘idle gossip and trivial stories.’ She made the request while speaking in Las Vegas Tuesday at an event with conservative commentator Eric Bolling, whose 19-year-old son died from an overdose in 2017,” Caitlin Yilek reports in the Washington Examiner.

 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

 

In an era where news is often weaponized to fit a narrative or agenda, it is useful to see insights from a variety of sources that may not get the same level of national attention.

 

While the Trump Administration has been more business friendly by far than the two preceding administrations, there are still several vexing issues that manufactured housing professionals have to navigate.  That’s normally done by trade associations.

But not all trade groups are alike.  To learn more, see the related report linked below the bylines, email and other offers, and notices.

 

That’s tonight’s “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” © ## (News, analysis, commentary.)

 

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President Donald Trump Talks About Factory Built Housing Legend to Scouts

 

 

 

 

 

 

Optimism Among U.S. Manufacturers at Record High Heading into 2019

December 21st, 2018 Comments off

 

NationalAssocManufacturersLogoNAMlogoOptimsimHighHeadingInto2019DailyBusinessNewsMHProNews

This year was one for the record books, with manufacturers’ average optimism for 2018 hitting an all-time high,” said NAM President and CEO Jay Timmons, in a release to the Daily Business News on MHProNews.

 

JayTimmonsNAMPhotoNationalAssocManufacturersDailyBusinessNEwsMHProNewsEmpowered by tax reform and regulatory certainty, manufacturers are keeping our promise to expand our operations, hire new workers and raise wages and benefits. But as this survey also shows, we face challenges, most seriously the workforce crisis. We have more than half a million jobs to fill right now—and by 2028, as many as 2.4 million could go unfilled if we don’t equip more Americans to take on these high-tech, high-paying careers,” Timmons said.

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There is a blizzard of emails that hit the MHProNews inbox daily, so frankly, at first this report was initially overlooked.  It wasn’t until we saw the White House release on this same topic that we circled back for the toplines of this report.

 

ManufacturersOptimismReached92.4PercentAllTimeHigh2018DailyiBusinessNewsMHProNews

 

While NAM represents sentiments of manufacturing in general, it certainly is a useful insight for the producers of manufactured housing.  It is also useful for those who are market watchers, investors or those working at other levels in the factory-built housing industry.  Why?

 

ManufacturersOptimismReachedSkilledLaborBiggestChallenge2018DailyiBusinessNewsMHProNews

Because the broader manufacturing sector is booming.  Manufacturers are often somewhat happier about an issue like tariffs, that are rankling investors.

Much of what is imported from nation’s like China are finished goods, produced in a factory. If an improved trade deal emerges from the drama of 2018, that will be welcome news.  But if not, it is entirely possible that even more manufacturing will return to the U.S., and that is good for America too.

Two more points, before turning to some toplines from the related White House press release.  First, as factory-producers and developers know, there are a growing number of imported units coming into the U.S.  Tariffs – if the trade tiff continues – could arguably mean that some will turn to a domestic builder instead of one from China.

Second, all news has to be considered carefully, mainstream or other news.  Right or wrong, 92 percent of the news – per third party research – has been negative toward the Trump Administration. It is thus useful to periodically see that vantage point, to balance out the headlines from the left and right that we present each evening during our market recap.

With that intro, let’s look at the latest news and views from the White House.

 

 

TheWhiteHouseDailyBusinessNewsMHProNews

Optimism Among U.S. Manufacturers at Record High Heading into 2019

 

“American manufacturers think the future looks bright,” Joe Williams reports for the Washington Examiner.

 

“Nearly 89 percent of the 539 companies polled by the National Association of Manufacturers in the fourth quarter held a positive outlook for their business, bringing the yearly average to 92.4 percent, the highest in the survey’s 20-year history.”

Click here to read more.

 

 

Saturday will mark the one-year anniversary of President Donald J. Trump signing historic tax cuts into law. “Kevin Hassett, chairman of the president’s Council of Economic Advisers, said strong capital spending and economic growth are proof that the good times can be sustained,” Gabriella Muñoz writes in The Washington Times. “We got exactly the growth affect we predicted last year,” Hassett said.

 

 

“Thankfully, the era of broken promises ended in 2016,” Dr. Alveda King, niece of Dr. Martin Luther King, Jr., writes in the Ledger-Enquirer. “For Trump, strengthening American communities is fundamental to American success. The FIRST STEP Act does just that by establishing job-training initiatives to better prepare prisoners to re-enter society after they are release.”

 

 

In USA TodaySecretary of Agriculture Sonny Perdue writes that the Trump Administration’s new proposed Supplemental Nutritional Assistance Program (SNAP) rules will encourage productivity instead of poverty. “The president has directed me, as Secretary of Agriculture, to propose regulatory reforms to ensure that those who are able to work do so in exchange for their benefits.”

 

 

“During the 2016 campaign, President Trump promised blue-collar and low-wage service sector workers that he would improve their lot. A new labor-market study by a major business group suggests he’s kept his word,” the Investor’s Business Daily editorial board writes. “The study by the Conference Board, the New York-based global business organization and think tank, found that blue-collar workers aren’t just doing better, they’re now in short supply.”

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

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

 

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“Check Your Facts,” “Follow the Money” – Journalist Sharyl Attkisson, Fake News, MHVille Takeaways

 

 

 

 

 

“Competing to Win” Manufacturers Confidence Report

February 20th, 2018 Comments off

JayTimmonsNationalAssociationManufacturersNAMFoxBusinessDailyBusinessNewsMHProNews

What’s true of American manufacturing in general also largely applies to manufactured housing producers.

 

Many of the policy decisions made over the last eight years have been extraordinarily difficult for manufacturers. Now it’s time for a reset—and a better direction. “Competing to Win” is a policy roadmap that expresses the priorities of manufacturers in the United States,” says the National Association of Manufacturers (NAM).

The head of the National Association of Manufacturers (NAM) praised the administration of President Donald Trump, saying its policies have given manufacturing more confidence. “Today, we’re going for the gold,” Jay Timmons, president of NAM (Washington) said during a speech at the Troy, MI per Advanced Manufacturing.

While manufactured housing producers face a unique blend of construction related and manufacturing related challenges, there are insights to be gleaned from NAM reports.  The Manufactured Housing Association for Regulatory Reform (MHARR) – which represents independent producers of manufactured homes – has periodically referenced NAM research in their own statements and news releases.

One of the bottom lines from interview tee up and the video with Jay Timmons, president of NAM is that manufacturers are confident again.  He credits tax reform, and President Trump’s regulatory relief program.  ## (News, analysis, and commentary.)

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Senator Tim Scott, Sec Mnuchin, Politico, Bloomberg on Tax Reform’s Hurdles, Importance

October 18th, 2017 Comments off

SenatorTimScottR-SCHarrisFalknerFoxTaxReformDailyBusinessNewsMHProNewsThe top 20 percent of the people pay 95 percent of the taxes. The top 10 percent of the people pay 81 percent of the taxes,” U.S. Treasury Secretary Steven Mnuchin told Politico.

So when you’re cutting taxes across the board, it’s very hard not to give tax cuts to the wealthy with tax cuts to the middle class. The math, given how much you are collecting, is just hard to do,” Mnuchin said.

The Daily Business News has been reporting on the push by the National Association of Manufacturers (NAM) and the National Federation of Independent Business (NFIB).

The Manufactured Housing Institute (MHI) and the Manufactured Housing Association for Regulatory Reform (MHARR) have not taken a public position on tax policy.  informal surveys of industry members suggest that the notion is popular among many industry business owners.

In his interview,” per Bloomberg, “Mnuchin also defended the framework’s call for repeal of the estate tax, which applies to estates worth at least $5.49 million per person.”

 

Why should people have to pay taxes again when they die?” Mnuchin said, per Bloomberg.The Treasury chief gave an “absolute guarantee” that Trump would sign a tax bill by the end of 2017.”

Fox News’ Harris Faulkner interviewed GOP Senator Tim Scott, (R-SC) in the video, below. Scott is seen by many as a rising star in the GOP.

As MHProNews noted in today’s industry market report, “The economy is moving in a healthy direction.  So says Stifel’s Hans Olsen, who gives his 18 to 24 month market projections and insights.”

The update added this pragmatic, cautionary note. “Here on the Daily Business News market report our take is nuanced.  Growth is a natural result of the right policies, and other conditions. If meaningful tax reform gets passed, the market recovery can be sustained, or may accelerate.  Without that, even voices in the Trump Administration admit the markets could turn if the anti-tax reform segments win the battle now underway.”

Among those voices that admit that the markets could sour without passing tax reform?

Steven Mnuchin. See the videos, from across the left-right political divide. “We Provide, You Decide.”  © ## (News, Analysis.)

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Business Organizations Dismayed by Obama

October 1st, 2012 Comments off

WashingtonExaminer says a poll of manufacturers and small business owners commissioned by the National Association of Manufacturers (NAM) and National Federation of Independent Businesses (NFIB) reveals 55 percent would not have started their businesses in today’s economic climate. Additionally, 69 percent say President Obama’s regulatory policies have hurt their business and 54 percent say China and India are more supportive of small business and manufacturers than the U.S. Sixty-seven percent report there is not enough stability to expand their businesses. Jay Timmons, president of NAM, says, “There is far too much uncertainty, too many burdensome regulations and too few policymakers willing to put aside their egos and fulfill their responsibilities to the American people. To fix this problem, we need immediate action on pro-growth tax and regulatory policies that put manufacturers in the United States in a position to compete and succeed in an ever-more competitive global economy.” MHProNews has learned NFIB president Dan Danner notes the government has erected too many barriers to growth that increase the cost of doing business.

(Image credit: National Association of Manufacturers)