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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

 

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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?

 

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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.

 

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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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Related Reports:

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

MHI’s Growth Agenda? Rick Robinson, JD, SVP Manufactured Housing Institute, Preemption Evidence, Writ of Mandamus, and Addressing HUD Code Manufactured Home Shipment Woes

President Donald Trump Talks About Factory Built Housing Legend to Scouts

 

 

 

 

 

 

Federal Economic Measures, Data at Close of 2018, and Manufactured Housing

January 17th, 2019 Comments off

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Certainly, retirees are among those that by homes, as seasoned manufactured housing industry professionals well know.

 

But it is routinely workers that are the present and future measure of the soundness of an economy.  So, it’s employment – jobs data – that gets attention from publicly traded companies in their reports to manufactured housing industry shareholders.

Beyond jobs data, its businesses that employ the most Americans. The Daily Business News on MHProNews reported earlier this week on the recent National Federation of Independent Business (NFIB) small business optimism report, found at the linked text/image box below.

 

Eyes on Small Business Optimism Index In December, Update

 

Paring that data with a January White House summary of 2018 jobs creation begins to round out a picture of why, despite political division in Washington, or cautions on Wall Street, main street is still largely confident of the future.

 

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2018 Ends with 312,000 Jobs Created in December; Strong Year for the Job Market

The Bureau of Labor Statistics (BLS) released its final monthly Employment Situation Report of 2018, marking a great year for American workers and the economy as a whole. Total nonfarm payroll employment rose by 312,000 jobs in December (see figure), far exceeding market expectations (180,000) as well as besting the average monthly additions from 2017 (182,000) and 2016 (195,000).

Continuing the historic streak of positive jobs gains, 2018 experienced more job creation than the previous two years, with 2.6 million new jobs over the course of the year compared with 2.2 million in 2017 and 2.3 million in 2016. Furthermore, this growth was consistently strong throughout the year; the economy has added over 100,000 jobs every month in 2018, just the second time since 2000 that this has occurred for a full calendar year. Since President Trump was elected in November 2016, the U.S. economy has created 5 million jobs.

 

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There were job gains across many industries in December, including significant gains in education and health services (82,000), leisure and hospitality (55,000), and in manufacturing (32,000). Manufacturing has been a bright spot since President Trump’s election, and now averages 20,000 new jobs per month compared to 8,000 per month in the four years prior. The 284,000 manufacturing jobs created in 2018 was the most the industry has added in a calendar year since 1997. The widespread employment gains across industries also occurred for 2018 as a whole. The professional and business services (583,000) and education and health services (517,000) industries produced over half-a-million jobs each. Employment in the leisure and hospitality industry increased by 306,000 jobs. Construction employment rose by 280,000 jobs.

Wages are also rising, indicating that workers are taking home bigger paychecks. Nominal average hourly earnings rose by 3.2 percent over the year. This matches October, which posted the largest 12-month growth in nominal average hourly earnings since April 2009. The most recent inflation data from November using the Federal Reserve’s preferred Personal Consumption Expenditure (PCE) price index found that prices increased by 1.8 percent – suggesting that real wages are rising (December inflation data will be available later this month).

A separate household survey released by BLS shows that although the unemployment rate increased by 0.2 percentage points (p.p.) to 3.9 percent in December, it went up for the right reasons: more workers are coming off the sidelines and looking for work, signaling that the U.S. economy continues to hum along. The labor force participation rate, which measures the share of the civilian non-institutional population who are in the labor force (either employed or looking for work), rose by 0.2 p.p. over the month to 63.1 percent in December. Despite the unemployment rate uptick, the unemployment rate remains near historic lows. This is only the 13th month since 1970 that the unemployment rate has been below 4 percent, with 8 of these instances occurring under President Trump in 2018.

The strength of the labor market in 2018 also was widespread, affecting people of all backgrounds and education levels throughout the nation. Over the course of the year, multiple new records for low unemployment rates within demographic groups were set. In December 2018, the unemployment rate for Hispanics fell to a series low (4.4 percent), matching October 2018. Record low unemployment rates were also achieved this year for African Americans (5.9 percent in May), Asians (2.2 percent in May), and individuals with less than a high school degree (5.0 percent in July). In November 2018, the unemployment rate for teens (ages 16 to 19) was at its lowest rate since 1969. The November 2018 unemployment rate for individuals with a high school degree but no college fell to its lowest rate since 2000, while the October 2018 unemployment rate for individuals with some college education dropped to its lowest rate since 2001.

The continued low unemployment rate and the consistent employment gains of more than 100,000 jobs every month in 2018 demonstrate the effectiveness of the Administration’s economic policies. As workers continue to come off the sidelines, there also remain opportunities for sustained employment growth as we enter the new year.

 

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The general economic data is strong. There are headwinds in the conventional housing market. So why isn’t manufactured housing performing better? That’s a $64 billion dollar a year question; on the low side.

That’s this evening’s Manufactured Housing “Industry News, Tips, and Views Pros Can Use,” © where “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 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.

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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.

No Kings in America? – John Sherman ‘Speaks’ to Manufactured Housing

Why Is Manufactured Housing Struggling During an Affordable Housing Crisis? Former MHI President, VP, Other’s Quotable Insights

Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

 

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

 

 

 

 

 

SWOT – Threats to Manufactured Home Communities, Retailers, Independent Producers, and Others in MHVille

October 25th, 2018 Comments off

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Strengths, Weaknesses, Opportunities, Threats = SWOT.  Opportunities can be found at this link here. But this report is focused on the threats. Two new reports need to be carefully digested by the industry’s readers.

 

MH Challenger – 3D Printed Housing ICON Closes Funding, Conventional Housing Giant DR Horton, Middle Eastern, Deep Pocket Investors

Those two are linked above and below.

Weaponized News Spotlight – HUD, MHARR and Manufactured Housing Institute (MHI)

They should be understood in the light of Smoking Gun 3. ICYMI, or need a refresher, it is linked below.

 

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

 

There is a planned new report, based upon new insights from the GSEs and manufactured housing industry professionals.  Make sure you are signed up for our industry-leading headline news, so that you don’t miss that next industry exclusive.  Thousands of industry leaders, investors, rising stars and other professional readers from companies of all sizes and types follow MHProNews’ emailed headline news closely.

 

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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.

 

From the White House Press Room to MHProNews…

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Socialism belongs in the dustbin of history

With the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in America. Democrats used to accuse Republicans of fear-mongering when they called out certain far-left policy ideas as “socialist.” Now, a growing number of Democrats are wearing the label as a badge of honor.

American socialists may imagine their proposals mirror those in Northern European countries such as Sweden and Norway. In reality, ideas along the lines of “Medicare for All” have more in common with economists’ traditional definition of socialism. The record of countries who have experimented with those types of command-and-control systems is devastating: Maoist China, the Soviet Union, and Venezuela among them.

Something to share: Socialism has a long legacy of failure across the world.

The sky-high taxes needed to fund “Medicare for All” alone, for example, would lead to a staggering $17,000 drop in household incomes after taxes and healthcare expenditures—a 19 percent decline. Without taxing American workers, funding this radical plan would require cuts to half of the Federal budget, wrecking Medicaid, Social Security, and traditional Medicare in the process.

Socialist policies have failed across the world wherever they are tested. They have no place in the United States of America.

Get the facts: What Democrats will take from you to push their socialist agenda.

Full report: The true costs of socialism

 

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Some MHProNews reports on Socialism, linked here.

 

 

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

 

MHProNews Summing Up Threats  

There are numerous threats, from inside and outside manufactured housing that several industry voices have signaled for years.  Some of those other voices that have been warning the industry have arguably been ‘bought off.’  Others continue to sound their respective alarms.

The time to act is now.  The logical first next step – the most time sensitive – is to do all you can in your market(s) and circles of influence to support the candidates that support President Donald J. Trump.  As the reports linked above and below reveal, MHI and those who back them purportedly are continuing to work to sideline lending options, and have taken positions that put the industry’s independents at risk.

To be forewarned is to be forearmed.We Provide, You Decide.” © ##  (News, analysis, and commentary.)

(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:

“A Nation of Laws” – Donald Tye, Jr. Affordable Housing, and Manufactured Homes

Transparency – What Manufactured Housing Industry Pros Have Proclaimed

Expose! Why Has Warren Buffett/BH Funded Anti-MHC Activists, MHAction? Why Fund Attacks on ELS, Frank Rolfe, Blackstone Group?

Celebrating Manufactured Housing! Protect, Educate, Promote, and “the Ground Floor”

Memorial Day – 60 Second Video, Honoring the Fallen Who Preserved Freedom

May 28th, 2018 Comments off
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Collage is produced from stirring images from the video posted below.

Economic, personal, religious, and political freedom are never free. Each one always comes at a cost.

 

We stand, and live free in the shadow of those who have safeguarded our freedoms.

Memorial Day honors those who gave their lives for others. 

Unlike many nations, Americans have fought, bled, and died not only for our own freedom, but also in many cases for the freedom of others.

·        France and many nations in Europe,

·        Morocco and nations in Africa,

·        South Korea and nations in Asia

are among those who are free today because Americans bled and died to liberate or keep them free. 

So, those who spin American history to be one of pure oppression are either ignorant of – or worse, ignore – the good that soldiers, sailors, airmen, or others who serve in intelligence, and support services have done.  Many of them paid the ultimate price of giving their lives for others.

We should look at history with clear eyes and historic perspectives. We should not project our advantages back onto those who did not have the same insights.  We can’t condemn those who had no internet at their fingertips for lacking that technology which some of them created, and which we enjoy today.

World history is largely a long series of stories that are often about slavery, domination, and oppression.

The civil rights movement accomplishments of the past 50 years in America, and the freeing of slaves during the Civil War a century before, must be understood in a context of a world we’re slavery was commonplace. Slavery sadly still exists in the world today. Sex trafficking, and other forms of human bondage still occurs daily.  There are places in the world where humans are auctioned off to others, just as happened over 150 years ago on this continent.

We’ve made progress in certain ways, but the world still needs more work.  The fight for freedom is never over.  

America isn’t perfect, and never has been. But that imperfection isn’t a reason to lament, or reject our past. We aren’t perfect either. An candid look at reality can inspire us to do even better. Let us lift up those who have fallen in thoughts and prayers of thanksgiving, and in our memories.  

There are divisions which some will exploit, with the notion of gaining some power over others. It’s entirely wrong-headed to look back at only the bad, when the USA – more than any nation in world history – sacrificed for each other, and for so many others abroad too. Memories of the total sacrifice of the fallen should inspire us personally to do better.

 

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For those who haven’t been to Arlington National Cemetery, it is a quietly inspiring place. It is located across the river from Washington, D.C., not far from the Lincoln Memorial, Vietnam, WWII, and Korean War memorials. Still from White House video on this page, caption by MHProNews.

Today isn’t Veterans Day. Memorial Day is for those who have fallen.  

Without those who gave it all, we might be living in a Communist, Nazi, and other kind of dictatorship today.  

You are able to do good business as a free person, in concert with other free people, because of the sacrifices of others.  Today, we honor those who made our freedoms possible. ##  (Event news, analysis, and commentary.)  

WallStreetWikiCommonsManufacturedHousingINdustryDailyBusinessNewsMHproNEwsPS: There is no market report today, as they are closed in honor of Memorial Day.  Friday’s closing numbers for manufactured housing connected stocks are found at this link here.

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L A ‘Tony’ Kovach.

By L.A. “Tony” Kovach – Masthead commentary, 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:
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Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates.

 

Sunday Morning Weekly Recap Manufactured Housing Industry News July 30th to August 6th, 2017

August 6th, 2017 Comments off

WeekOfJuly302017toAug52017DailyBusinessNewsMHProNewsOur new August issue will go live tonight, Aug 6th.  Until then, our  theme for the month: July Justice 2017 – MH Billionaires, Millionaires, and You  Our featured articles will be available on the MHProNews.com home page. Our May theme will be available mid-week this week.

 To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please click the link above.

Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling.

What the Daily Business News spotlights day-by-day are the tragedies, triumphs and struggles for acceptance of the obvious solution for millions for the growing affordable housing crisis in the U.S. and beyond.

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When you read the lineup for the month found on the home page, you can reflect on another motto as you chart your own professional path ahead: “We Provide, You Decide.”  ©

 

What’s New On MHLivingNews

“Po-Dunk” Performer Kid Rock, Eyes Senate Run, Makes Manufactured Home Living Hip

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August 5th, 2017

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Ross Kinzler, top left. Sophia, top center and Right (credit, Phys) Kinzler credit, MHProNews.

August 4th, 2017

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August 3rd, 2017

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Image credits are as shown, text and collage credits, MHProNews.com.

August 2nd, 2017

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Actively retired minister and factory built housing advocate, Donald Tye Jr. explains the complex web that can cause addiction. Loss of hope is one factor. In a prior report, linked here, Tye explained that public housing – an entitlement – often yields addiction. Ownership vs. renting or living in “projects” leads to integrity, a view similar to those of Dr. Martin Luther King, Jr.

August 1st, 2017

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July 31st, 2017

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http://www.mhmarketingsalesmanagement.com/blogs/industryvoices/uncertainty-us-the-only-known/

 

July 30th, 2017

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

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

Recent Victories, More Hard Work to Do: NFIB’s Duggan Speaks

February 3rd, 2017 Comments off
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Credit: NFIB.

National Federation of Independent Business (NFIB) President and CEO Juanita Duggan and small business leaders from across the U.S. met with President Trump this week, to explain why small business owners have such a big stake in Supreme Court justice nominee, Neil Gorsuch.

 

The NFIB tells MHProNews that its members understand first-hand the difference that one justice can make, as they were the lead plaintiff in NFIB v. Sebelius, the landmark case against Obamacare.

The controversial law was upheld by a single vote.

In reviewing Gorsuch’s record, the NFIB says the organization found him to be consistently tough on regulatory agencies seeking to expand their authority by rewriting the law. In a very influential decision, Judge Gorsuch challenged the Chevron Doctrine, which gives deference to regulatory agencies to interpret laws in ways that expand their power.

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Juanita Duggan. Credit: NFIB.

Earlier this week, President Trump signed an executive order requiring federal agencies to eliminate two regulations for every new one approved,” wrote Duggan in a letter to members.

His actions to reign in excessive regulation is good news for the small business community. Small and independent businesses have been crushed by the aggressive regulations of the past eight years. According to the 2016 NFIB Small Business Problems and Priorities report, overregulation is now the second most important problem for small business owners.

Duggan also addressed President Trump’s executive order to revive the Keystone XL Pipeline, and, of great importance to small businesses, tax reform.

We are very active on tax reform, one of our key priorities for 2017. President Trump and Congressional leadership agree that taxes are far too high for both pass-through businesses and C corporations. The tax code strongly favors large corporations. NFIB believes that no small business should be paying a higher tax rate than Exxon Mobil,” said Duggan.

I have made it clear to Congress and the President’s team that tax reform starts with small business. Small business employs 58 million Americans and creates more than half of all jobs. If the purpose of tax reform is to grow the economy and create jobs, then it must focus on small business.

SmallBusinessOptimismSoarsPostElectionNFIB-postedManufacturedHousingIndustryDailyBusinessNewsMHProNews

Credit, NFIB.

Duggan and the NFIB have been vocal and active leading up to, and after the election of President Trump, including a report last month about small business optimism being at it’s highest rate in 37 years.

We haven’t seen numbers like this in a long time,” said Duggan. “Small business is ready for a breakout, and that can only mean very good things for the U.S. economy. Business owners are feeling better about taking risks and making investments.

That report is linked here. For more from the NIFB on small business, 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.

Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 6th – November 13th, 2016

November 13th, 2016 Comments off

sunday-morning-weekly-manufactured-home-pro-news-recap-1-4-to-1-10-2015-mhpronews-com-This month, we continue with our thought-provoking themeEntrepreneurs November in MHVille 2016That link will take you to all of the featured articles and interviews this month.

Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling.

What the Daily Business News spotlights day-by-day are the tragedies, triumphs and struggles for acceptance of the obvious solution for millions for the growing affordable housing crisis in the U.S. and beyond.

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When you read the lineup for the month found on Entrepreneurs November in MHVille 2016, you can reflect on another motto as you chart your own professional path ahead:

We Provide, You Decide.”  ©

 

What’s New On MHLivingNews

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Credit: MHProNews. 

State’s Manufactured Home Sales Soar

Designer Amy Shock’s Extreme Mobile Home Makeover – Photos & Report

 

What’s New On MHProNews

 

Saturday November 12th, 2016

1sundaymorningweeklyrecapmanufacturedhousingindustrynewsnovmeber6thnov13th2016-postedtomanufacturedhousingindustrydailybusinessnewsmhpronews 

Housing Summit to Address Workforce Housing, Showcase Manufactured Housing

 

Friday November 11th, 2016

 

Manufactured Housing CV Up 3.54 Percent, New Record High for Broader Markets

 2sundaymorningweeklyrecapmanufacturedhousingindustrynewsnovmeber6thnov13th2016-postedtomanufacturedhousingindustrydailybusinessnewsmhpronews

Investor Sentiment Better than Expected for UMH Properties

Tribal Nation Wins Appeal in “Mobile” Community Case

Investors, Analysts Weigh in on Equity LifeStyle Properties

 

Thursday November 10th, 2016

 

Affiliated Managers Group Up, MHCV Down, Broader Markets Mixed, Dow Sets Record

President-Elect Transition Team, POTUS Obama, Mr. Trump Meet

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Utility Shutdown Could Lead to MH Community Being Condemned

Cavco Industries Reports Q2 Results 

Stocks Plunge & Surge – Unity and Protests

Ordinance Preventing Section 8 Discrimination Passes

  

Wednesday November 9th, 2016

4sundaymorningweeklyrecapmanufacturedhousingindustrynewsnovmeber6thnov13th2016-postedtomanufacturedhousingindustrydailybusinessnewsmhpronews

Skyline spikes, leads MHCV as Dow Swings 1000 Points On Trump Victory

“Amazing Future Homes” Video

TD Securities, Scotiabank Restate Positive Ratings for Killam Properties

Upset Win by Gracious President Elect, Donald Trump

  

Tuesday November 8th, 2016

Sun Communities, Universal Forest Products Up, MHCV Down, Broader Markets Steady

Money Missing from MH Cooperative, President Arrested

Trump has 32-25 lead in NH, Brits say Election for “Soul” of America 

Residents Forced to Move Due to Rezoning

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Status Quo or Time for a Big Change? Election 2016

  

Monday November 7th, 2016

UMH Properties Leads Up Day for MHCV, Broader Markets Up 371

Top Trends for Manufactured Home Buyers

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State Manufactured Homes Sales Rise 47 Percent In 2016

All Locked Up! Election Videos, Pics & Analysis

Champion Homes Purchases Former Excel Homes Facility

  

Sunday November 6th, 2016

 7sundaymorningweeklyrecapmanufacturedhousingindustrynewsnovmeber6thnov13th2016-postedtomanufacturedhousingindustrydailybusinessnewsmhpronews

Sunday Morning Weekly Recap – Manufactured Housing Industry News – October 30th – November 5th, 2016

Clinton Cash Machine vs. Donald Trump’s Movement – Closing Arguments Video

(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.

SBA, George Washington University, Blast Proposed DOE Energy Rule for Manufactured Housing

September 26th, 2016 Comments off
sofiemillerregulatorystudiescentergeorgewashingtonuniversity-postedmanufacturedhousingindustrydailybusinessnewsmhpronewssbaopposingmhenergyrule

Logos and photo are the respective property of each organization as shown, and are used here under Fair Use Guidelines.

It does not appear that DOE grasps the unique challenges that small manufacturers encounter.”

— U.S. Small Business Administration, Office of Advocacy

A controversial proposal by the U.S. Department of Energy (DOE) for manufactured housing has drawn support as well as growing opposition.

An arm of the United States Small Business Administration (SBA) and a policy analyst at George Washington University have weighed in on the DOE proposal. Both organizations are expressing concerns that mirror and amplify those advanced by the Manufactured Housing Association for Regulatory Reform (MHARR).

The Digital Journal is one of several hundred news and special interest sites that have carried word of how proposed energy efficiency standards could harm manufactured housing producers, businesses and consumers.

Reasoned Opposition Grows

Written comments to the DOE by both the SBA and George Washington University’s regulatory research program echo the vigorous objections of MHARR, which has led the opposition to the proposed rule.

experts-oppose-doe-energy-rule-for-manufactured-homes-digitaljournal-postedmanufacturedhousingindustrydailybusinessnews-mhpronews

Image credits, Digital Journal.

Comments filed on August 16th from the SBA’s Office of Advocacy note the DOE proposal does not comply with federal requirements than an agency quantify or describe the economic impact that its proposed regulation might have on small businesses.”

A separate public comment letter submitted the same day from Sofie E. Miller, a senior policy analyst at George Washington University’s Regulatory Studies Center, note that the DOE’s calculations overestimate the benefits of its proposed rule in several key respects.

Miller particularly notes the adverse impact on prospective low-income purchasers.

“…mandatory, across-the-board increases in efficiency will price many low-income consumers
out of the market for manufactured homes entirely.”

— The George Washington University Regulatory Studies Center

As MHProNews has previously reported, MHARR has been highly critical of the proposal.

Highlighting serious – and in MHARR’s view, “fatal” defects in the rule and the rulemaking process – which the Washington-based association says has been troubled by leaks, discrepancies and a lack of transparency.

The MH industry organization has called the DOE’s cost-benefit analysis a sham,” they say is driven by special interests.

mharr logo

MHARR logo, used here under Fair Use guidelines.

The George Washington University (GWU) analysis, stated the Digital Journal, “citing MHARR materials published in the industry trade journal, MHProNews – echoes serious concerns over anti-competitive effects resulting from the DOE proposal.

Executive Order, Third Party Research

MHARR says that of particular interest is an Executive Order issued by the President on April 15, 2016, in which the Center calls on DOE to pay particular attention to the prospective effects of its proposed rule on competition within the MH market.” 

According to recommendations from the GWU Center, “The DOE should commit to retrospectively reviewing its standard to ensure there is no conflict or overlap with existing HUD regulations and to evaluate the rule’s effects on competition within the MH market and the availability of affordable housing.”

In its comments, the SBA’s Office of Advocacy also focused on the proposal’s adverse impacts on competition, noting that the rule would have significantly disproportionate economic impacts on small manufactured home manufacturers if finalized.”

The comments called on DOE to adopt a regulatory alternative to the proposed standard that will minimize the economic impact to small manufacturers.”

MHARR commended these highly respected, independent organizations for filing comments on the proposed MH energy rule.

The cost-benefit analysis for the rule is skewed to the point of being arbitrary at best and deceitful at worst.”

— Manufactured Housing Association for Regulatory Reform (MHARR)

There are rumors that the Daily Business News is aware of that suggest that if the DOE continues on its proposed course of action without correction, “other legal measures” may be taken beyond written and verbal protest.

For the complete MHARR briefing on this issue, including the reports cited above, 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, MHProNews.

Frank Rolfe, Bob Crawford Video Comments on Current and New MH Association

June 13th, 2016 Comments off

Bob_Crawford_and_Frank_RolfeIn a video presentation, Frank Rolfe, a partner with Dave Reynolds in Mobile Home University, RV Horizons and MHP Funds, says he can call his congressional representative in Missouri and find out the chances of legislation passing that could positively affect the manufactured home industry, like altering Dodd-Frank.

Since it is often a one or two percent chance, Rolfe says Congress is like a business, and unless it is a hot-button issue, it is not likely to be changed, as MHProNews understands. He says everybody in the (MH) industry knows that Dodd-Frank is screwed up. If the party in the White House changes, there is a chance that many regulations will be repealed and perhaps that will include changes to Dodd-Frank. Other than that, based on feedback from his congressman, he has rather lost hope for a change.

Bob Crawford, the right hand man for industry legend Dick Moore, said Dodd-Frank was an overreaction on the part of the government, and while he does not envision Dodd-Frank being eliminated totally, he echoes Rolfe’s view that a change in the White House and the retention of incumbents could lead to some changes to the Act.

He says it will take a grass-roots effort for everyone to put pressure on their Representatives and Senators to make the needed changes because it is not in the interest of anyone in the Consumer Financial Protection Bureau to change.

Crawford says there has long been discussion about a post production national organization that represents retailers and community owners that could bring focus to this issue with representatives in Washington. He says the state associations do a good job looking out for their constituency, but they have to be nice to their representatives in trying to get rulings that benefit the industry and their particular issues.

Crawford envisions the new association as being more able to try and convince lawmakers of the need for change. “It is something that is sorely needed by this industry, and I would line up behind the first person who would take on this position,” he says.

Frank Rolfe says since the housing bubble in 2008 and the ensuing Dodd-Frank/CFPB debacle, he anticipates state associations will be more active in taking on community owner issues.

For the full interview, click here. ##

(Photo credit: MHProNews-Bob Crawford, left, and Frank Rolfe)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

Oracle of Omaha Defends Clayton Homes

February 27th, 2016 Comments off

warren buffett track record business insider artWarren Buffett, in his annual letter to stockholders, said the economy is doing much better than some politicians running for the White House say in their campaign talk. According to NPR, he said children born today will have a very good life, despite the slow recovery from the Great Recession. Berkshire Hathaway, of which Buffett is Chairman, earned $24 billion last year. MHProNews understands why he said the economy is so good.

In his letter, according to abc17news, he defended Berkshire’s poor stock performance in 2015: the A share stock (selling for around $200k per share) and the B share (selling around $132 a share) both fell over 12 percent. Berkshire’s stock is up slightly this year. The A shares have marked an annual gain of 20.8 percent since 1965, compared to 9.7 percent for the S&P.

Buffett also defended subsidiary Clayton Homes, this year more extensively than last, devoting 16 paragraphs to the company this year as opposed to just three paragraphs last year. The Seattle Times and BuzzFeed accused Clayton of predatory and discriminatory lending in several articles beginning last year.

Further, PBS then did a broadcast about the MH industry that also was not complimentary and had a hidden agenda. (For MHLivingNews and MHProNews publisher L. A. “Tony” Kovach’ response, click here.)

Regarding Clayton, Buffett wrote, “The Great Recession caused mortgage originators, servicers and packagers to come under intense scrutiny and to be assessed many billions of dollars in fines and penalties,” noting that Clayton only had to pay fines amounting to $38,200 the past two years. He added that 95.4 percent of borrowers are current on their loans. ##

(Photo credit: businessinsider–Warren Buffett)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.