Posts Tagged ‘presidential election’

Upbeat in Sister MH Industry

December 11th, 2012 Comments off

There is considerable angst over 2013, and optics make people feel worse or better! Since the Recreational Vehicle Dealers Association (RVDA) did a survey showing confidence in their industry, it may give some in MH the feeling we should be more confident too. The survey, conducted shortly after the presidential election, showed 47 percent of RV dealers believe 2013 will be better than 2012, 44 percent predict it will be the same. RVNews tells MHProNews two-thirds of the respondents say the market was better in 2012 than in 2011, while 29 percent said it was about the same. Meanwhile in the towable market, 61 percent of the dealers think 2013 will be better than 2012. As to the availability of financing, over 88 percent say inventory financing is adequate, and 76.5 percent say retail financing is available.

(Photo credit: RV Hall of Fame Museum)

Business Leaders Overwhelmingly Support Romney

October 25th, 2012 2 comments

In its survey of 284 chief executives in Oct. 2012 regarding the presidential election, ChiefExecutive reports 83.2 percent of CEOs intend to vote for Mitt Romney, nearly identical results to a survey of 334 separate CEOs in Sept. 2012. Additionally, if Romney is elected, CEOs say they are more likely to increase capital expenditures and hiring than if Obama is elected. Almost 58 percent say Pres. Obama has significantly harmed the business climate, and another 26 percent say he has done more harm than good. Although Pres. Obama consistently maintains he supports small business, almost 45 percent of those surveyed operate businesses under $25 million in revenues. The two most critical issues to these business leaders are debt reduction and limiting debt, followed by job creation and corporate tax rates. Thirty-one percent say overall business conditions are weak, fifteen percent say conditions are poor, and only 23 percent describe the business climate as good or very good. As MHProNews has learned, 48.4 percent do not expect change in their employment levels, while another 22.6 employment believe employment will fall. For the full report, click here.

(Photo credit: Mitt

Jobs, Jobs, and Fewer Jobs

September 11th, 2012 Comments off

BloombergBusinessWeek says just two months before the presidential election, the U.S. economy added only 96,000 jobs in August, indicating recovery from the recession still has a lot of ground to cover. The unemployment rate fell to 8.1 percent, due to 368,000 leaving the work force, as the labor-force participation rate (the share of people in the workforce) fell to its lowest rate since Sept. 1981. If the same number of people who were in the workforce when the recession began continued in the workforce today, the unemployment rate would be 11.6 percent. As MHProNews has learned, the Federal Reserve Bank of Atlanta says, given the current workforce, it would take three years of monthly job gains averaging 193,000 to reduce the unemployment rate to six percent.

(Photo credit: SuperStock)

Will the Job Market Rise to Fuel Housing Recovery?

July 4th, 2012 Comments off

HousingWire reports an article in The Hill notes with barely four months before the presidential election, the Obama administration has a lot riding on employment figures. With tepid manufacturing numbers in June, a slowdown in China’s economy, and the European debt crisis still festering, analysts anticipate the jobs report due out Fri., July 6, will only show 100,000 new jobs created, not nearly enough to put a dent in unemployment statistics. The Institute for Supply Management (ISM) reports national manufacturing activity dropped from 53.5 in May to 49.7 in June. Any number below 50 indicates a contracting in activity; a reading of 47 would spell recession. As has learned, the three keys to a significant housing market recovery are jobs, job, and more jobs.

(Photo credit: SuperStock)

Half of Survey Respondents Want Energy Efficient Home

January 14th, 2012 Comments off

According to an October survey of 1,500 homeowners conducted byYahoo Real Estate, Origination News tells one-third of the respondents know someone who has been through foreclosure, and 51 percent say the federal government should do more to assist distressed borrowers. Twenty-seven percent said the government should do no more, and 22 percent had no opinion. While 43 percent believe the presidential election will have a significant impact on the housing market, 36 percent do not anticipate much effect. Although more respondents gave a slight edge to the Democrats over the Republicans in terms of improving the housing market, neither party won much confidence in actually trying to solve the problem. More than 90 percent said they are satisfied with their current living situation, but 27 percent said they are looking to purchase another home. Fully half of the respondents equate their dream home with having energy-saving materials and appliances, as “green” homes have become more of a status symbol than the McMansions.

(Photo credit: Wikipedia)