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Strong U.S. Jobs Report, Markets Slide, plus Manufactured Housing Stock Updates

July 5th, 2019 Comments off

CNNmone7.5.2019ManufacturedHomeStocksMarketsReportsMHProNewsIn the sometimes-topsy-turvy world of investors good news can be bad news. The U.S. jobs report was surprisingly strong, which causes some analysts to fear that the Fed now may hold off on an interest rate cut. Other factors covered in our financial bullet headlines are below.  Our spotlight this evening will be on sectors that gained jobs – most – and the pair that reported losses in employment.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

LeftRightMediaBiasFoxCNNCNBCManufacturedHousingIndustryMHProNews

CNN Business

  • Privacy not included
  • PodShare Downtown Los Angeles
  • Housing is so expensive that some people in California rent bunk beds for $1,200 a month
  • US economy adds 224,000 jobs in June
  • Dow rebounds after initially falling on strong jobs report
  • Here’s how the jobs report may impact the Fed
  • Chinese real estate empire in crisis founder detained for alleged child molestation
  • Samsung warns that its profit likely just fell 56%
  • BMW’s chief executive steps down
  • Jaguar Land Rover boosts a UK car industry rattled by Brexit
  • India will cut taxes and red tape to lure companies like Apple
  • CEO’s ouster at Canopy Growth highlights growing pains for cannabis industry
  • US government asks judge to dismiss Huawei lawsuit
  • Facing off with Fortnite, Apex is turning to esports
  • Shopping Content by CNN Underscored
  • Amazon Prime Day deals are starting early
  • Amazon could be facing a quarter-life crisis
  • TIMELINE Amazon’s extraordinary evolution
  • Why the company’s UK food delivery deal might be in jeopardy
  • Amazon Prime Day will be two days this year
  • Lee Iacocca: The life of a rockstar CEO in pictures
  • Auto industry icon Lee Iacocca has died. He was 94
  • Today we have visionaries like Elon Musk and Mary Barra. But there was only one Lee Iacocca
  • A look back at Iacocca’s career

Fox Business

  • Strong June jobs data comes as Fed Chair Powell heads to Capitol Hill next week
  • US job growth rebounds with 224,000 created in June, quelling fears of economic slowdown
  • Where are all of the jobs? These sectors added the most in June
  • Why a rising unemployment rate signals job demand
  • Will the Fed lower interest rates, despite a better-than-expected jobs report? Traders say yes
  • Common car buying mistakes to avoid
  • WATCH: Larry Kudlow reacts to strong jobs report
  • FedEx offers 24-hour passport processing — but it comes with a hefty price tag
  • Trump considering executive order to add citizenship question on 2020 census
  • As student loan debt mounts, high schoolers ‘shockingly’ unaware of aid options
  • It’s time to fix Social Security’s tax burden
  • Social Security benefits go furthest in these 25 countries: report
  • Pet Supplies Plus recalls pig ear dog treats over possible salmonella contamination
  • Biden endorses ObamaCare’s individual mandate that requires Americans to buy health care
  • MoviePass halts service to complete app improvements amid summer blockbuster season
  • Opinion: Low-skill worker shortages must be part of immigration discussion
  • Amazon turns 25: How Jeff Bezos forever changed the way people shop
  • ‘Wolf of Wall Street’ producer charged with laundering $248M in Malaysian scandal
  • How long will the US economic boom last?
  • Not a surprise OPEC, Russia decided to extend their cuts: Oil analyst
  • Using the lessons learned as a Marine to become an entrepreneur

Today’s markets and stocks snapshot, at the closing bell…

9MarketIndicatorsYahooFinance7.5.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Today’s MH Market Spotlight Report –

StrongUSJobsReportMarketsSlidePlusManufacturedHousingStockUpdatesMHProNews

Left-of-center CNBC studied the net changes of jobs by industry for June jobs based on the data from the Labor Department contained in the jobs report. The federal agency said the U.S. economy added a 224,000 jobs last month, some 59,000 more than the 165,000 increase expected by economists polled by Dow Jones. The right-of-center Fox Business video recaps the numbers with their commentary.

The manufacturing industry, which President Donald J. Trump likes to spotlight, was stronger in June with an additional 17,000 jobs. The manufacturing sector added just 3,000 jobs in each of both May and April following a contraction in March.

In June, notable job gains occurred in professional and business services, in health care, and in transportation and warehousing,” the Labor Department said in a release. “Professional and business services added 51,000 jobs in June, following little employment change in May (+24,000). Employment growth in the industry has averaged 35,000 per month in the first half of 2019.”

Manufacturing employment edged up in June (+17,000), following 4 months of little change,” the Labor Department continued. “So far this year, job growth in the industry has averaged 8,000 per month, compared with an average of 22,000 per month in 2018.”

June2019JobsGrowthLossBySectorCNBCManufacturedHousingMHProNews

 

Those who looked at the tepid jobs report last month said that it suggested that a recession was ahead. That theory keeps getting floated, but there is steady evidence that such is not the case.  The outlook is good, and what happens on Election Day 2020 could clearly impact the economy.  So what occurs between now and then will be important to watch.

Related Reports:

NFIB President Touts Optimism, Says Capital Spending, Expansion, and Sales Expectations Drive Performance – Plus Manufactured Housing Stock Updates

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

ManufacturedHousingConnectedStocksClosingTickerYahoo7.5.2019.MHProNews

Updated:

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI, and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

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

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

Nobility Homes Bucks National Trends, Reported Serious Growth, plus Manufactured Home Stock Updates

July 3rd, 2019 Comments off

CNNmone7.3.2019ManufacturedHomeStocksMarketsReportsMHProNewsNobility Homes (NOBH) is a bright spot in the constellation of firms in the manufactured housing industry. Frankly, it is frustrating to report 9 months of year over year declining sales for the industry, when we as industry experts know that the overall declines are avoidable. Nobility is part of the proof that even when the industry in general has avoidable taken a slide, they have risen in a significant way.  On a day when the markets overall and most industry tracked stocks rose, Nobility Homes (NOBH) is our featured report this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

The timing on the new Trump Administration executive order (EOs) was interesting. Consumer confidence has wavered. Conventional housing sales have dipped. That said, these types of EOs don’t just pop out of thin air. They are developed over time. There are inputs from a variety of potential federal, state, private industry stakeholders. On a down day for the markets, and mixed results on manufactured housing track stocks, the official White House statement and a video interview with HUD Secretary Carson are our focus for this evening.

CNN Business

  • Huawei’s fate is still unclear
  • Trump said he’d ease up on the Chinese telecom giant, but questions linger about what that means
  • IN PICTURES A rare look inside Huawei, China’s tech giant
  • Boeing dedicates $100 million to victims of 737 Max crashes
  • Dow, S&P 500 and Nasdaq close at record high
  • Here’s what to look for in Friday’s jobs report
  • Futuristic car is partially powered by the sun
  • Lee Iacocca, who helped create the Ford Mustang and then rescued Chrysler in the 1980s, has died
  • Why Netflix doesn’t really need ‘The Office’
  • OPINION The candidates are wrong. It’s a mistake to pay off college graduates’ debt
  • Android creator accused of cheating wife out of millions of dollars
  • Meghan McCain, ‘miserable’ at ABC, mulls leaving ‘The View’
  • Some Taco Bell restaurants face tortilla shortages
  • Facebook, Instagram and other platforms experiencing issues worldwide
  • These 4 countries are winning the US-China trade war
  • Nike featuring Betsy Ross flag canceled after backlash
  • Arizona governor says he wants to yank Nike’s tax breaks over sneaker controversy
  • Adidas under fire after racist and anti-Semitic tweets
  • Wayfair donates $100,000 to Red Cross after backlash
  • Chase told customers to stop splurging on coffee and cabs. You can imagine how that went
  • Canopy Growth co-CEO Bruce Linton says he was fired
  • A Wrigley chewing gum heir and a former Patrón CEO go all in on cannabis
  • A ‘Museum of Weed’ is coming to Hollywood
  • Cannabis sales could hit $15 billion globally this year
  • Thrive Market, an online retailer, is forced to stop selling CBD

Fox Business

  • Dow, S&P 500, Nasdaq hit new records ahead of July 4th
  • Trump slams China, Europe for ‘playing big currency manipulation game’
  • Here’s why President Trump wants a weaker dollar
  • US housing market ‘cooling’ when it could be booming: SALT cap to blame?
  • Who is Judy Shelton, Trump’s newest Fed board pick?
  • Amazon defends Alexa privacy features but lawmaker details lingering concerns
  • Hollywood producer Aaron Spelling’s former mansion sells for nearly $120M, breaking LA County record: report
  • Former Chrysler CEO Lee Iacocca’s greatest accomplishments, from the Mustang to the minivan
  • July 4 celebrations: States and fireworks taxes
  • Top 10 travel destinations for Fourth of July
  • Fourth of July sales you need to check out
  • Amazon plans to build 43-story skyscraper in Bellevue to accommodate thousands of employees: report
  • On-demand private jet service will shuttle passengers for $600
  • Walmart to lose $1B on US e-commerce business this year: Report
  • Pharrell Williams promises internships to more than 100 high school graduates in Harlem
  • Boeing earmarking $100M for those affected by Max crashes
  • Anderson Cooper’s large inheritance: A look at the tax obligations
  • Facebook cryptocurrency chief vows transparency as House Dems demand Libra halt
  • Fire in Kentucky destroys Jim Beam warehouse filled with 45,000 barrels of bourbon
  • New York City hikes mansion tax amid housing slowdown
  • Austin passes law allowing homeless to set up camp
  • Grucci’s big plans for the 4th of July fireworks display in Washington, DC
  • Small business owner: Worst year ever for finding part-time employees

Today’s markets and stocks snapshot, at the closing bell…

9MarketIndicatorsYahooFinance7.3.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Today’s MH Market Spotlight Report –

NobilityHomesBucksNationalTrendsReportedSeriousGrowthPlusManufacturedHomeStockUpdates

Nobility Homes, Inc. (NOBH) announced sales and earnings for its second quarter that ended May 4, 2019. Sales for the second quarter of 2019 were up 43% to $12,742,688 as compared to $8,922,264 recorded in the second quarter of 2018, per a press release from AccessWire.

Income from operations for the second quarter of 2019 was up 79% to $2,135,726 versus $1,191,947 in the same period a year ago.

Net income after taxes was up 60% to $1,819,725 as compared to $1,135,605 for the same period last year.

Diluted earnings per share for the second quarter of 2019 were $0.47 per share compared to $0.29 per share last year.

For the first six months of fiscal 2019, sales were up 28% to $23,782,462 as compared to $18,568,082 for the first six months of 2018.

Income from operations was up 71% to $3,907,557 versus $2,282,104 last year.

Net income after taxes was up 56% to $3,355,531 compared to $2,151,841 last year.

Diluted earnings per share were $0.87 per share compared to $0.54 per share last year.

Nobility’s financial position for the first six months of 2019 remains very strong with cash and cash equivalents, certificates of deposit and short term investments of $31,723,668 and no outstanding debt.

Working capital is $37,245,662 and our ratio of current assets to current liabilities is 6.1:1. Stockholders’ equity is $48,322,892 and the book value per share of common stock outstanding increased to $12.52.

TerryTrexlerPresidentCEOFounderPhotoNobilityHomesOcalaFLLogoManufacturedModularHousingIndustryMHProNews500

Terry Trexler, still from their 2016 dated video, below.

Terry Trexler, President, stated, ”The demand for affordable manufactured housing in Florida continues to be strong. According to the Florida Manufactured Housing Association, shipments in Florida for the period from November 2018 through April 2019 were up approximately 26% from the same period last year. Constrained consumer credit and the lack of lenders in our industry, partly as a result of an increase in government regulations, still affects our results by limiting many affordable manufactured housing buyers from purchasing homes. However, legislation may help improve this situation in the future.”

Trexler continued, saying “Maintaining our strong financial position is vital for future growth and success. Because of very challenging business conditions during economic recessions in our market area, management will continue to evaluate all expenses and react in a manner consistent with maintaining our strong financial position, while exploring opportunities to expand our distribution and manufacturing operations.”

Our many years of experience in the Florida market, combined with home buyers’ increased need for more affordable housing, should serve the Company well in the coming years,” Trexler said.  “Management remains convinced that our specific geographic market is one of the best long-term growth areas in the country.”

That last point is born out by today’s report from the Manufactured Housing Association for Regulatory Reform (MHARR).  The report that Florida is the #3 state overall in recent years.  It is #2 in the nation so far this year.  It is also one of only 2 states that is rising, vs. 8 states that have slipped.

May2019NewManufacturedHomeShipmentDataDailyBusinessNewsMHProNews

On June 5, 2019 Nobility celebrated its 52nd anniversary in business specializing in the design and production of quality, affordable manufactured homes. With multiple retail sales centers, an insurance agency subsidiary, and an investment in a retirement manufactured home community, we are the only vertically integrated manufactured home company headquartered in Florida.

In closing on this snapshot for this evening before the July 4th national holiday, let’s disclose that we hold no position in this firm or the others tracked.  Let’s further note that we held this report to coincide with the May national shipment data.  It frankly makes their sales growth performance all the more impressive.

As a final note, as antitrust an regulatory oversight of several industries – including manufactured housing – increases, investing in a firm that lacks those risks could prove to be increasingly prudent.

 

 

Related Reports:

Manufactured Housing Production and Shipments, Official HUD Data, Report for May 2019

Retailers Lining Up, Eager to Lodge Antitrust Complaints, Plus Manufactured Housing Market Updates

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

ManufacturedHousingIndustryConnectedStocksMHProNewsDailyBusinessNewsMHProNews

Updated:

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI, and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments on LinkedIn, we say – “Thank You for your vote of confidence.”

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

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

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

President Trump Mulls Federal Action Intervening on Homeless Crisis in U.S. Cities

July 2nd, 2019 Comments off

 

PresidentTrumpMullsFederalActionInterveningHomelessCrisisInUSCitiesDailyBusinessNewsMHProNews

Still from the first video, posted below.

Tucker Carlson Tonight (TCT) had an exclusive interview with President of the United States (POTUS) Donald J. Trump that was aired on 7.1.2019.  It covered foreign and domestic affairs. It included concerns over antitrust or monopolistic related issues, but also on the growing problems of homelessness in America.

 

The first segment of part two of that interview begins with questions about the power of big tech over the marketplace.  From that, is this POTUS Trump pull-quote: “A lot of people want us to take [federal antitrust, other legal] action against Facebook, Twitter and frankly against Amazon.”

When asked by Carlson if the Trump Administration will take action, the 45th president demurred, saying “I can’t say,” meaning he is not able to comment.

About halfway through this video below on right-of-center Fox News, Carlson pivots to a comparison of the cleanliness of Japanese cities compared to many in the United States.

 

 

Carlson named New York City, San Francisco, and Los Angeles as examples of cities with a homeless problem.  These are among the places that MHProNews and our sister site have reported on or mentioned previously.

The president said, “Its disgraceful…We are looking at it very seriously. You can’t do that,” meaning allow such problems to occur.

The president said that people and police officers are getting sick just from walking the streets were human waste and other troubling issues are occurring routinely, as was dramatically documented in the viral “Seattle is Dying” video report.

 

SeattleisDyingAreCitiesNearYouDyingTooHighCostsCorruptedSystemsManufacturedHousingPotentialSilverLiningMHProNEws

 

“…You can’t do that, you can’t ruin our cities,” the president told Carlson. He said it is the “liberal Establishment” that runs those cities. “It’s a terrible thing that is taking place.”

The president said that shortly after he took office, that he addressed similar issues that were occurring in “certain places in Washington, D.C. where that was starting to happen.”

POTUS Trump said he ended it “very quickly” because you can’t have world leaders coming and witnessing that in the nation’s capital.

After putting it in the context of the prior beauty of San Francisco, where Trump branded companies have business interests, he said, “We are looking at that very seriously.

Do these governors or mayors” where these troubling issues are occurring “really think this is a positive?” rhetorically asked the president. He said the problems with homelessness wasn’t okay, and “It’s destroying a whole way of life.”

The first part of the same interview is posted below.  It dealt more with trade and foreign affairs.

 

 

How Does This Homeless Issue Relate to Affordable Housing, and Manufactured Homes?

That too is a rhetorical question, because the connection should be obvious. The recent White House announcement of an executive order that established a council to address the barriers to affordable housing is arguably a predicate to whatever the Trump Administration is preparing to do.

To learn more, see the related reports, linked below the byline.

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

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

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.

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

Submitted 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.

Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

Democrats 2020 Presidential Hopeful Polls Shows VP Biden Drop, Plus Senator Kamala Harris (D) vs. POTUS Donald J. Trump (R) “Matchup” Video

 

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

 

 

 

 

 

Democrats 2020 Presidential Hopeful Polls Shows VP Biden Drop, Plus Senator Kamala Harris (D) vs. POTUS Donald J. Trump (R) “Matchup” Video

July 2nd, 2019 Comments off

 

Democrats2020PresidentialHopefulPollsShowVPBidenDropPlusSenatorKamalaHarrisVsPOTUSTrumpMatchupVideoMHProNews

CNN has announced their latest poll results all of which reportedly occurred since the Democratic presidential debates in Miami last week.

 

 

Insightful Quotes for Manufactured Home Business, Investors, and Professionals

 

For those who missed the debates, and want to see what may explain the shifts see the related reports above and below.

 

Rep SWALWELL Said “Pass The Torch,” Biden says No – Democratic Debates, Nights 1 & 2, Full Transcripts, Videos – plus MH Stock Updates

 

Senator Kamala Harris has surged past several of her fellow Democrats, and per CNN, is in striking distance of former Vice President Joe Biden.

 

CNNPollJun28-30AmongDemocraticVotersTopDemocraticHopefulDailyBusinessNewsMHproNews

 

CNN’s polling unit SSRS reflected several different nuances that shed light on the moves up and down among Democratic ranks.

 

CNNJun28-302019PollTopDemPOTUShopefulsamongDemocratsChangeDailyBusinessNewsMHproNews

 

Apparently, a political junkie(s) called Let’s Talk Elections” who apparently lean left decided to do a hypothetical November 3, 2020 hypothetical matchup video between Senator Kamala Harris (CA-D) and President of the United States, Donald J. Trump.  

 

CNNPollJun28-302019PollDemsBestAmongWhitesBlacksDailyBusinessNewsMHProNews

 

While MHProNews disagrees with some of the state projections, it is certainly way too soon in any event. There are going to be months of economic, political, and “October Surprise” developments that can’t possibly be factored in some 500 days out.

 

CNNPollJun28-30BestDemonEconomyDailyBusienssNewsMHProNews

 

That said, the producer of this video did reveal several points to consider as to what states Democrats will be hoping to win. So, for those who want to see how Democrats theoretically might win, and how close it would be in 2020, this video is cleverly done.

 

 

But if the election where held, say, a month from today, why is this hypothetical outcome dubious at best?  Part of the reason is found in last night’s NFIB report, linked below.

 

NFIB President Touts Optimism, Says Capital Spending, Expansion, and Sales Expectations Drive Performance – Plus Manufactured Housing Stock Updates

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

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

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.

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

Submitted 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.

Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

 

President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

 

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

 

 

 

 

 

NFIB President Touts Optimism, Says Capital Spending, Expansion, and Sales Expectations Drive Performance – Plus Manufactured Housing Stock Updates

July 1st, 2019 Comments off

CNNmone7.1.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt is easy – and sometimes wise – to follow the same reports that others in business media are reporting.  CNBC, Fox Business, CNN and others today are among those reporting on the ‘pause’ in the U.S.-China trade war, the surge in the markets, and the wisdom of allowing U.S. firms to sell to China’s Huawei. Each of those are relevant.  They are all among the market movers cited in our left-right headline summary that follows. But tonight’s focus report is on small business and the return of optimism reported by the National Federation of Independent Business (NFIB). Catching up on the view from the giant NFIB association will be our featured report this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

The timing on the new Trump Administration executive order (EOs) was interesting. Consumer confidence has wavered. Conventional housing sales have dipped. That said, these types of EOs don’t just pop out of thin air. They are developed over time. There are inputs from a variety of potential federal, state, private industry stakeholders. On a down day for the markets, and mixed results on manufactured housing track stocks, the official White House statement and a video interview with HUD Secretary Carson are our focus for this evening.

CNN Business

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  • Gas taxes are rising because Americans are driving more fuel-efficient cars
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  • Jeff and MacKenzie Bezos’ $38 billion divorce settlement is expected soon
  • New York will start enforcing its styrofoam ban today
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  • Cookie maker buys enough solar energy to make 10 billion Oreos a year

Fox Business

  • S&P 500 stock index begins July by setting a record high
  • Trump tells New York to rethink tax laws after New Jersey kills millionaire’s tax
  • Costco sells $7B in clothing a year, surpassing some apparel retailers: report
  • NBA free agency spending tops $3 billion in 24 hours
  • Bobby Bonilla’s Mets contract: Why ex-MLB star gets $1.19M annually until he’s 72 years old
  • Trump’s ‘brilliant stroke’ with China’s Xi a win for US, Michael Pillsbury says
  • These are the best and worst run cities in the US, report finds
  • US economy breaks record with post-recession expansion
  • California gun owners face new background checks for ammo purchases
  • What is Scooter Braun’s net worth?
  • Amazon CEO Jeff Bezos to pay out $38B to MacKenzie as divorce settlement is finalized
  • Wimbledon prize money breakdown: Here’s how much the winners will get
  • Warren Buffett to donate $3.6B in Berkshire Hathaway shares to these five foundations
  • What is Kamala Harris’ net worth?
  • OPEC extends oil production cut by 9 months
  • Former McDonald’s USA CEO: Burger King hogging all the Impossible Burgers
  • USMCA will unleash American innovation: Dems must not stand in the way
  • Democrats have been ‘hijacked by unelectable socialists’: Varney
  • Trump-Xi trade talks at G20: America’s biggest weakness is no big secret
  • Impact of Hong Kong protests on US-China trade talks
  • This is the best economy for small business in 50 years: NFIB CEO
  • Facebook providing stability to cryptocurrency?
  • Semiconductor shares surge after Trump lifts Huawei ban
  • Investors appeared to welcome Trump’s move, but it drew scorn from lawmakers in both parties.
  • Halfway through 2019, tech leads Wall Street

 

Today’s markets and stocks snapshot, at the closing bell…

9MarketIndicatorsYahooFinance7.1.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

ManufacturedHousingIndustryConnectedStocksYahoo712019DailyBusinessNewsMHproNews

Still from first video, below.

 

In 2018, Small Biz Trends ranked the NFIB as follows.

 

The Big List of Small Business Associations

·        U.S. Small Business Administration. …

·        SCORE. …

·        U.S. Chamber of Commerce. …

·        NFIB. …

·        International Council for Small Business. …

·        Entrepreneurs’ Organization. …

·        National Business Association. …

·        NSBA.

 

Earlier today, the NFIB’s president and CEO Juanita Duggan on the current economic environment for small business in America said that this is the best economy for small business in 50 years.

Frankly, that’s not the sober view of small business in manufactured housing across America, or what we affectionately refer to on MHProNews at times as “MHVille.”  Small businesses in our industry run the gamut from those doing well to those struggling. But what is beyond doubt is that there were thousands of more small businesses in our industry 20 years ago. While some new locations are opening, they are arguably outpaced by those who close or have sold out to consolidators.

That said, let’s turn to what NFIB reports, to get one more perspective on how MHVille’s small businesses stack up with that of other parts of the economy.

 

 

Here’s the NFIB optimism snapshot from June.

WASHINGTON, D.C. (June 11, 2019) — Small business optimism eclipsed pre-shutdown levels, increasing 1.5 points to 105.0 in May. Six components in the Small Business Optimism Index improved, three were unchanged, and one dipped. Capital spending plans increased along with actual outlays. Small business owners’ expectations for sales, business conditions, and expansion all rose, as the previously reported inventory imbalance was resolved. Earnings, job creation, and compensation remained very strong.

“Optimism among small business owners has surged back to historically high levels, thanks to strong hiring, investment, and sales,” said NFIB President and CEO Juanita D. Duggan. “The small business half of the economy is leading the way, taking advantage of lower taxes and fewer regulations, and reinvesting in their businesses, their employees, and the economy as a whole.”

Business owners reporting capital outlays increased six points to 64 percent, the highest reading since February 2018. Thirty percent plan capital outlays in the next few months, up three points and historically high. Plans to invest were most frequent in transportation (45 percent), manufacturing (39 percent), professional services (39 percent), and construction (31 percent).

“Small business owners are demonstrating a continued confidence in the strength of the economy and are betting capital spending dollars on it,” said NFIB Chief Economist William Dunkelberg. “This solid investment performance is supporting ongoing improvements in productivity and real wages.”

A net nine percent of all owners (seasonally adjusted) reported higher nominal sales in the past three months, unchanged from April and historically strong. The net percent of owners expecting higher real sales volumes rose three points to a net 23 percent of owners. A net 16 percent expect better business conditions, up three points, and 30 percent say now is a good time to expand, a five-point increase. The frequency of reports of positive profit trends improved two points to a net negative one percent, a very solid gain.

The net percent of owners reporting inventory increases was unchanged at a net two percent (seasonally adjusted), consistent with the significant build up in the first quarter that added nearly one point to GDP growth. The net percentage of owners viewing current inventory stocks as “too low” was unchanged at a net negative four percent. The net percentage of owners planning to expand inventory holdings was unchanged at a net two percent, indicating the excessive inventory build in Q1 has been substantially resolved overall, helped by strong sales gains.

Inflation pressures remained subdued, even though reports of compensation gains remained at historically high levels. The government reported a substantial improvement in productivity and an associated decline in unit labor costs which offsets the need to increase prices to cover rising labor costs. The net percentage of owners raising average selling prices fell three points to a net 10 percent, seasonally adjusted. A net 20 percent plan price hikes, seasonally adjusted (down one point).

As reported in the May NFIB Jobs Report, small business owners added a net addition of 0.32 workers per firm, with 25 percent citing the difficulty of finding qualified workers as their Single Most Important Business Problem, matching the record high. Sixty-two percent of owners reported hiring or trying to hire employees, up five points from last month, but 54 percent reported few or no qualified applicants for the positions they were trying to fill (up five points).

About the Small Business Economic Trends

The NFIB Research Center has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter of 1973 and monthly surveys since 1986. Survey respondents are drawn from a random sample of NFIB’s membership. The report is released on the second Tuesday of each month. This survey was conducted in May 2019.

##

Compare and contrast with NFIB said in the first video from this morning to another one from 4 years ago.

 

Part of the challenge in the U.S. today is a lack of a sense of objective history. There is no doubt that the economy is doing much better than 2 or 4 years ago.

There is also no doubt for those who look at the data that manufactured housing is underperforming.  For more on that, see the related reports, below.

 

MobileHomeEraManufacturedHomeEraMHIA2000EraShipmentProductionDailyBusinessNewsMHproNews2019-06-29_1051

There are several factors that should be understood to explain the rises and falls in the sales, production, and shipments of new factory-built homes during the varied mobile home and manufactured home eras. One should not be overly simplistic. That said, the historic trend is far higher than it has been since Berkshire Hathaway acquired Clayton Homes and their affiliated lenders in 2003. Political and other factors enter into the mix as well.

 

Related Reports:

Addressing Manufactured Housing Insanity, Unusual Equity LifeStyle Properties (ELS) Tip

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

ManufacturedHousingIndustryConnectedStocksYahoo712019DailyBusinessNewsMHproNews

Updated:

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI, and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

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

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

HD’s Bernie Marcus Says Bernie Sanders ‘Enemy of Entrepreneur,’ plus Manufactured Home Stock Updates

June 24th, 2019 Comments off

CNNmone6.24.2019ManufacturedHomeStocksMarketsReportsMHProNewsWhen it comes to affordable housing, as an upcoming Daily Business News on report will reflect here on MHProNews, saving existing housing is often among the most affordable options. That may sound counterintuitive for a manufactured housing trade publisher to say, but facts are facts. In order to grasp the housing market, and affordable housing side of that multiple trillion-dollar U.S. marketplace, one should have a general sense of the big picture.  On the 40th anniversary of the founding of home improvement giant Home Depot, right-of-center Fox Business interviewed co-founders Bernie Marcus and Ken Langone, which will be balanced by a left-of-center CNBC video. On a day when many of the broader market stocks and manufactured housing related firms were mixed, that will be our featured report for this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

LeftRightMediaBiasFoxCNNCNBCManufacturedHousingIndustryMHProNews

CNN Business

  • Experts think oil demand could top out in 2035. Here’s what that means for the world economy
  • McDonald’s started using fresh meat. Here’s what happened to sales
  • Whole Foods is testing out a British meatless meat company
  • The Dow failed to hit a new record high
  • The Fed is likely cutting rates. Goldman Sachs says Wall Street isn’t giving them a choice
  • The diesel scandal just destroyed profit growth at Daimler
  • Ann Sarnoff named chair and CEO of Warner Bros. She is the first woman to run the studio
  • Hollywood is having a bad summer. It’s killing movie theater stocks
  • Wonders of the universe
  • Hiring a wealth adviser just got a little easier. There are still risks
  • Big Tech must be regulated now, Bill Gates says
  • Super rich call for tax on the wealthy
  • The economy is still bruised from the Great Recession
  • Toys ‘R’ Us plans to return in the United States
  • Overstock’s exit from retail is getting back on track
  • Kohl’s won over moms. Now it’s going after Millennials
  • The future of Lululemon is men’s clothes and shampoo
  • Believe it or not, dollar stores are thriving
  • BUSINESS OF CANNABIS
  • ‘Museum of Weed’ comes to Hollywood
  • Cannabis sales could hit $15 billion globally this year
  • Veteran cannabis company Harborside joins wave of US firms listing on Canadian exchange
  • Thrive Market, an online retailer, is forced to stop selling CBD
  • Why cannabis stocks are soaring
  • SpaceX’s Falcon Heavy will launch Bill Nye’s science experiment into orbit
  • The world’s favorite super-cheap computer just got a big upgrade
  • Xiaomi's latest devices are aimed at a younger user base.
  • Xiaomi asked art majors to help design its latest smartphones
  • Baby Elon Musk, rapping Kim Kardashian: Welcome to the world of silly deepfakes

Fox Business

  • Stocks mixed on rising US-Iran tensions, Trump-Xi meeting
  • Bitcoin hits $11K: A timeline of cryptocurrency’s rise, fall and rebound
  • George Soros among billionaires asking for wealth tax
  • Average retirement-age Americans have this much in their 401(k), report says
  • ‘Toy Story 4’ tops weekend box office[overlay type]
  • MEDIA & ADVERTISING
  • ‘Toy Story 4’ tops weekend box office
  • “Toy Story 4” brought the box office to life following a three-week slump of underperforming sequels.
  • Supreme Court rejects challenge to Trump’s tariffs on imported steel
  • WATCH: Home Depot co-founder: Bernie Sanders is the ‘enemy of every entrepreneur’
  • Eldorado Resorts to buy Caesars Entertainment in $17.3B deal
  • Trump signs executive order to impose ‘hard-hitting’ sanctions on Iran
  • Gold climbs toward 6-year peak on heightened US-Iran tensions, dovish central banks
  • Justin Bieber vs Tom Cruise fight would be UFC’s richest purse ever, Dana White says
  • Bill Gates says he made this ‘very large sacrifice’ during Microsoft’s early years
  • Employees need these 3 things in the workplace to find happiness, expert says
  • JetBlue sues Walmart over Jetblack for trademark infringement: report
  • Microsoft prohibits employees from using Slack, report says
  • George Soros among billionaires asking for wealth tax
  • Beto O’Rourke proposes ‘war tax’ to fund health care for US vets
  • Varney: When it comes to money, America makes it rain
  • Trish Regan: Trump shows real strength on Iran
  • Student loan regrets: Don’t be a victim
  • White House gears up for highly-anticipated Trump, Xi meeting at G20
  • Elon Musk says humanity is facing an ‘aging and declining population’
  • Florida nets $17B as wealth relocate from high-tax states: Report

 

Today’s markets and stocks snapshot, at the closing bell…

9MarketIndicatorsYahooFinance6.24.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

 

BernieMarcusHomeDepotCoFounderSaysSocialistBernieSandersEnemyofEntrepenuersManufacturedHomeMHProNews

Still from video, below.

 

Having covered several topics last week through the lens of left-of-center media, we’ll turn this evening to a right-of-center business news source first before providing some balance from left-of-center CNBC.

Fox Business interviewed co-founders Bernie Marcus and Ken Langone on the challenges they faced getting the retailer off the ground to become the success it is today and the potential pitfalls of socialism.

The co-founders of Home Depot spoke in part about Bernie Sanders (VT-I) who caucuses with Democrats and is running for the 2020 Democratic nomination for president.  If the self-described Democratic Socialist Sanders were president when they tried to open their business in 1978, the home-improvement retailer may never have existed, said billionaires Marcus and Langone.

Home Depot is the poster child for capitalism,” Marcus said.

 

 

Langone agreed, “if the people in America today … if they want to know what the future holds for them following Bernie Sanders, go to Cuba, Venezuela, Russia, Eastern Europe. Guess what? It doesn’t work.”

BernieSandersIsEnemyofEveryEntrepreneurEverGoingtobeBornOrHasBeenbornQuoteBernieMarcusHomeDepotCoFounderMHProNews

The pair also weighed in on the vexing tariffs and trade issue and related issues that Kevin Clayton, President and CEO of Berkshire Hathaway owned Clayton Homes tackled in May on left-of-center CNBC.

 

 

 

Lagone and Marcus have their say in the video above, while those who may have missed Kevin Clayton’s say is found below.

 

Someone with the handle CC posted a comment on Clayton’s video interview above that said: “sounds like your company is filling your homes with Chinese made products, if the price is going up, why not consider something made in the US?

Related Reports:

 

Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues

 

Surprising Non-Partisan Revelations, Opportunities, Controversies Could Decide 2020 Campaigns – Affordable Housing, Antitrust, Wealth Inequality, and Manufactured Homes

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

YahooManufacturedHousingIndustryConnectedStocksDailyBusinessNewsMHProNews

Updated:

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI, and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

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

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

RE Focused Economist Says, ‘Millions of Housing Units’ Needed

June 14th, 2019 Comments off

 

REFocusedEconomistsaysMillionsofHousingUnitsNeededManufacuredHousingIndustryMHProNews

Mark Fleming, Ph.D serves as the chief economist for First American Financial Corporation.  He’s been popping up more on various business news shows, so the Daily Business News on MHProNews decided to share the flavor of Fleming’s economic and housing insights.

 

It ought to be one of those rally points for manufactured housing professionals who are thirsting for growth.

About Fleming, “Before joining First American, he developed insights and analytical products for CoreLogic, and property valuation models at Fannie Mae. Fleming graduated from the University of Maryland with a Master of Science and a doctorate in agricultural and resource economics and holds a Bachelor of Arts in economics from Swarthmore College. He lives and works in the Washington, D.C. area,” per his company’s website.

As the posted videos reflect, he’s telling business news sources on both sides of the left-right media divide that ‘millions of housing units’ are needed.

 

 

In that, he says some points that longer time-readers of MHProNews are familiar with.  The National Association of Realtor’s Chief Economist Lawrence Yun has said similarly.

 

 

More recently, HUD Secretary Carson has pointed specifically to manufactured homes, along with other forms of prefab and innovative housing techniques.

 

 

So, while Fleming hasn’t been laser focused on manufactured housing, the industry’s professionals and investors must think of themselves as broader ‘housing’ members.  In that context, the needs are tremendous.

Only factory building can achieve that, is what tech gurus – who are increasingly entering the factory-built housing market – have decided.

Why does Warren Buffett and Charlie Munger love housing? Because they know which way the market is going.

In this context, one must ask. How is it possible, with the needs so great, that manufactured housing is still selling at a lower level than 15 years ago?

 

BloombergShipmentProductionDataManufacturedHousingMHProNews2019-05-16_1057

 

Logic says there are only a few possibilities.

·        The industry’s ‘big boy’ leaders don’t know what they are doing. While we disagree with them on many things, we don’t buy that option, but it is a logic possibility.

·        The industry’s ‘big boy’ leaders and their puppet association are lazy, and are not willing to do what it takes.  Again, it’s a possibility, but not one that we think fits the facts.

·        The industry’s leaders want the industry to perform at a low level, intentionally. If so, why? A common concern is that underperformance allows big companies to acquire smaller firms at a discounted price.

 

Is there evidence for this?

One might start with the words of Richard ‘Dick’ Jennison, Manufactured Housing Institute (MHI) own statement on camera, arguing for slow growth. 

 

 

What? During an affordable housing crisis?

It was such an outrageous comment that our publisher brought it to the attention of then MHI Chairman, Tim Williams, who is also the President and CEO of 21st Mortgage Corp. Williams told MHProNews that he would ‘talk to Dick.’

The following Louisville Show, Jennison then said – also capture on video – that the industry could achieve 500,000 new homes. That’s arguably true. But what has MHI done to achieve that level of production?

 

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

 

NAMHCO, cited in a report earlier today, broke from MHI, precisely because of a lack of performance.

 

MHCommunitiesOfAZNealTHaneyPresidentWhyTheyQuitManufacturedHousingInstituteMHIDailyBusinessNewsMHProNews600

What Haney’s statement reflects is the lack of credibility and effectiveness of MHI in their claims.

 

Frank and Dave,” controversial in their own right, nevertheless told their readers 2 weeks ago not to look to MHI for support for community owners, using these words.

 

 

In peeling back the layers of the onion in manufactured housing, in hindsight, the insight of Marty Lavin makes sense when he said the following.

 

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

Ask yourself objectively. Do these Marty Lavin dictums apply with respect to MHI?

 

More pointed was Lavin – who is an MHI award winner – when he made the following statement.

 

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?

 

MHI has purportedly engaged in what Mark Weiss, the President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) who referred to the industry’s post-production sector – which is MHI’s turf – as the “illusion of motion.”

 

“THE ILLUSION OF MOTION VERSUS REAL-WORLD CHALLENGES” – Spotlighted by Manufactured Home Industry Leader

 

That comment sent our publisher laughing at the apt, penetrating insight.  Keep MHI members busy, keep them going to meetings that are profit centers for MHI, per their own IRS Form 990s.  Feed them ‘housing alerts’ that led them to believe that they are making progress…

…but the acid test is the sales, shipment and production of new manufactured homes.  Those numbers don’t lie.

 

ManufacturedHousingAssocRegulatoryReformMHARRApril2019ProductionShipmentReportDailyBUsinessNewsMHproNews

 

Inept? Lazy? Or head fake with the goal of consolidating the industry into ever fewer hands?

 

 

Let’s not forget the 21st letter, Kevin Clayton video, and Warren Buffett letter, linked below.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, a document from 21st Mortgage signed by Tim Williams, and video recorded comments by Kevin Clayton, these all line up to demonstrate how independent retailers, communities, and producers – among others – where purportedly harmed by action that could be deemed an antitrust violation. Why hasn’t Allen told his readers how that cost them money? https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

 

It makes the most logical case. Clayton, 21st, MHI, and MHI’s outside attorney – asked to address these concerns and allegations – routinely makes no on the record comment. 

Instead, they’ve put George F. (F?) Allen up as their purportedly incentivized attack dog and distraction surrogate.

When asked about claims from his own followers that have said Allen’s being compensated and rewarded by the big boys, Allen has no comment.

Millions of housing units are needed. Publicly traded MHI member companies own IR packets state that the industry is underperforming by historic standards.

Voices in Congress, per our sources, are wising up to the Omaha-Knoxville-Arlington ploy.

Voices in Congress, are already on the record going after high profile MHI members, including Clayton, 21st, and several large so-called ‘predatory’ community operators.

It’s not a pretty picture as to why the industry is underperforming. But the historical data – and the research by economists like Dr. Mark Fleming and others say that millions of homes are needed.

Tim Williams said it to MHProNews, and we’ve repeated it many times, because it was the truth – that they’ve arguably not followed. Every misleading report needs to be robustly responded to, as he said below.

 

TimWilliams21stMortgageCorpGoodArgumentsQuoteRespondEveryStoryDailyBusinessNewsMHproNews

 

MHI needs to push for enhanced preemption, a full implementation of the Duty to Serve mandated by law, and put the black hat behavior actors on notice.

Sources say, MHI can’t do it.  They’d lose Clayton and several big boy members, per those sources if they ever did such a thing.

Thus the need to expose the problem and the realities. Then the need for multiple layers of independent investigations, as publicly as possible.

There’s more in the links below.

 

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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 or Comments or Letter to Editor in the subject line.

 

That’s today’s third episode of News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © 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 or Comments or Letter to Editor in the subject line.

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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.

Dueling Statements, NAMHCO, MHI, MHARR, Weigh In On Controversial MH Bill, “George Allen Pawn Gambit”

Investigating Fannie Mae, Freddie Mac Over Duty to Serve Manufactured Housing

 

 

 

 

 

 

 

“Together, We Are Building a Safe, Strong, and Proud America,” Happy Birthday, President Donald. J. Trump

June 14th, 2019 Comments off

TogetherWeAreBuildingSafeStrongProudAmericaHappy73BirthdayPresidentDonaldJTrump

The 45th President of the United States (POTUS), Donald J. Trump deserves his own F35 White House flyover as part of his birthday celebration.

 

It was a creative step in many ways, to let allies and potential allies know the value of working with the U.S. It also sent a clear message to the nation’s adversaries, not unlike dropping a massive bomb – the MOAB, Mother of All Bombs – on Afghanistan during a dinner with Chinese President Xi Jinping.  Subtle.

 

 

The president is unorthodox.

This White House video captures the message of the Trump Administration in 85 seconds.

 

 

 

This recent speech gives us a chance to show some of the president’s accomplishments in his own words.

 

 

President Trump’s speech on the 75th anniversary of D-Day has been applauded; rightly so.

 

 

This White House fact sheet that follows is from January 2019.

 

IGNITING A HISTORIC ECONOMIC BOOM: President Trump’s pro-growth policies are unleashing economic growth and providing opportunities to workers across the country.

·        Due to President Trump’s pro-growth policies, real gross domestic product (GDP) growth exceeded 3 percent over the last four quarters.

o   Real GDP grew at annual rates of 3.4 percent in the third quarter of 2018 and 4.2 percent in the second quarter.

·        More than 5 million jobs have been created since President Trump’s election and the unemployment rate remains below 4 percent.

o   This is the eighth time this year that the unemployment rate has been below 4 percent.

o   Prior to this year, the unemployment rate had fallen below 4 percent only five times since 1970.

o   The unemployment rate for African Americans in May fell to 5.9 percent, which is the lowest rate on record.

o   Asian and Hispanic-American unemployment rates have reached record lows this year.

·        Initial weekly jobless claims have hit a nearly 50-year low under President Trump.

·        Under President Trump, job openings outnumber the unemployed for the first time on record.

·        Recently, more than two-thirds of Americans rated “now” as a good time to find a quality job, tying a record high in a poll by Gallup.

·        Americans are seeing more money in their pockets thanks to the booming economy.

o   In recent months, workers have seen their largest nominal year over year wage growth in nearly a decade.

o   In 2017, real median household income rose to a post-recession high.

·        President Trump’s policies are helping to lift Americans out of poverty.

o   African-American and Hispanic-American poverty rates reached record lows of 21.2 percent and 18.3 percent, respectively, in 2017.

o   Since the election, 4.6 million Americans have been lifted off of food stamps.

·        Consumer confidence has soared under President Trump, recently reaching an 18-year high.

·        President Trump is delivering on his promise to bring back American manufacturing.

o   The National Association of Manufacturers’ Outlook Index had the highest annual average in its history over the past year.

o   Manufacturing added 284,000 jobs in 2018, the most added in a year since 1997

·        Small Business optimism jumped to a record high under President Trump, according to a survey by the National Federation of Independent Business (NFIB).

o   The NFIB’s Small Business Optimism Index broke a 35-year record in August.

·        President Trump signed the Tax Cuts and Jobs Act into law, ushering in the largest package of tax cuts and reforms in American history.

·        These tax cuts are delivering real results for American families and workers.

o   More than 6 million workers received tax cut bonuses and benefits.

o   More than 100 utility companies have announced lower rates.

·        President Trump is ensuring American workers receive the training and education they need to compete in today’s economy.

o   President Trump signed an executive order establishing the National Council for the American worker.

o   More than 185 companies and associations have signed our “Pledge to America’s Workers,” promising more than 6.4 million new training and career opportunities.

o   The President signed legislation that reauthorized the Carl D. Perkins Career and Technical Education Act, making more than $1 billion available for career education programs.

·        President Trump has prioritized the economic empowerment of women.

o   The women’s unemployment rate recently reached its lowest rate in 65 years.

o   The Small Business Administration lent approximately $500 million more in capital to women-owned businesses in 2017 compared to 2016.

o   The Administration helped launch the Women Entrepreneurs Finance Initiative, which could leverage more than $1 billion to support women entrepreneurs.

ROLLING BACK RED TAPE: President Trump is rolling back costly regulations that have burdened hardworking Americans and stifled innovation.

·        President Trump has followed through on and exceeded his promise to roll back two regulations for every new one created.

o   President Trump’s Administration surpassed the 2:1 ratio in 2018, eliminating 12 regulations for every new one in 2018.

o   In 2017, the Trump Administration eliminated 22 regulations for every new one.

·        Since taking office, President Trump’s deregulation efforts have achieved $33 billion in regulatory savings.

o   In 2018, these efforts alone delivered $23 billion in benefits to American families and business owners.

·        President Trump has signed 16 Congressional Review Act resolutions into law, eliminating burdensome Obama-era rules and regulations.

·        President Trump announced U.S. withdrawal from the Paris Climate Agreement, which would have harmed America’s economy and cost American workers millions of jobs.

·        President Trump signed an executive order to streamline the permitting process for infrastructure projects with a goal of cutting approval time from up to 10 years to an average of 2 years.

·        President Trump signed legislation to roll back burdensome Dodd-Frank regulations that harmed community banks.

NEGOTIATING BETTER DEALS FOR THE AMERICAN PEOPLE: President Trump is negotiating fair and balanced trade deals that protect American industries and workers.

·        President Trump negotiated a new trade agreement between the United States, Canada, and Mexico to replace the disastrous and outdated North American Free Trade Agreement.

o   Once enacted by Congress, the United States–Mexico–Canada Agreement (USMCA) will better serve the interests of American workers and businesses.

o   USMCA will incentivize billions of dollars in auto and auto parts production in the United States and create a freer and fairer market for American agriculture.

o   USMCA also includes the strongest-ever provisions on labor, environmental, digital, and intellectual property protections to reflect the realities of the 21st century economy.

·        The President renegotiated the United States–Korea Free Trade Agreement to preserve and grow jobs in the American auto industry and increase American exports.

·        The United States and Japan are set to begin negotiations on a United States–Japan Trade Agreement.

·        President Trump is establishing a new trade relationship with the European Union (EU), working toward the elimination of tariff and non-tariff barriers to transatlantic trade.

·        President Trump has established a Trade and Investment Working Group to lay the groundwork for post-Brexit trade with the United Kingdom (UK) and has notified Congress of his intent to negotiate a free trade agreement with the UK.

·        This year, President Trump filed a withdrawal notification with the Universal Postal Union, launching a one-year negotiation to secure fair international postal rates for American mailers.

·        President Trump has expanded market access for American agricultural producers.

o   Argentina has opened to American pork and beef, Brazil to American beef, Japan to lamb and Idaho chipping potatoes, South Korea to American poultry, and more.

o   The Administration authorized $12 billion to aid farmers affected by unfair retaliatory tariffs.

o   The Trump Administration has begun the process to expand the sale of E15, or gasoline containing 15 percent ethanol, to year round.

·        Under President Trump, the United States will no longer accept bad trade deals and unfair trade practices that harm American workers and industries.

o   One of the President’s first actions after taking office was withdrawing the United States from the terrible Trans-Pacific Partnership, which incentivized outsourcing.

o   In 2017, the Administration oversaw 82 antidumping and countervailing duty investigations.

·        President Trump is holding China accountable for its unfair trade practices, such as the theft of intellectual property, by imposing tariffs on $250 billion in Chinese goods.

o   Following President Trump’s successful meeting with President Xi in Buenos Aires, both agreed to conduct negotiations over 90 days to address the United States concerns.

·        American steel and aluminum jobs are coming back following President Trump’s tariffs to protect domestic industries that are vital to national security.

·        President Trump imposed tariffs to protect American-made washing machines and solar products that were hurt by import surges.

UNLEASHING AMERICAN ENERGY: President Trump is rolling back costly and burdensome regulations to unleash America’s incredible energy resources.

·        After years of stifling regulation under the last Administration, President Trump is unleashing America’s energy potential.

·        America is the largest crude oil producer in the world and production has hit a record high.

·        President Trump’s policies are helping to boost American energy exports.

o   The Administration has streamlined Liquefied Natural Gas terminal permitting.

o   In 2017, the United States became a net natural gas exporter for the first time in 60 years.

o   American coal exports increased by more than 60 percent in 2017.

·        President Trump is expanding access to our country’s abundant natural resources.

o   The President signed legislation to open up energy exploration in the Alaska National Wildlife Refuge.

o   In July 2018, the Department of the Interior announced it would hold the largest oil and gas lease sale in history.

·        In 2017, the Administration approved construction of the Dakota Access pipeline and the cross border permit for the Keystone XL pipeline.

·        The Administration issued permits for the New Burgos Pipeline that will export American petroleum products to Mexico.

·        The President has ended the war on coal, cutting Obama-era regulations such as the “Stream Protection Rule” which was estimated to cost industries $81 million a year.

·        President Trump is replacing the Clean Power Plan, a flawed Obama-era regulation that the Supreme Court ordered halted.

·        President Trump rescinded the hydraulic fracturing rule, which was expected to cost the oil and gas industry $32 million per year.

·        The Trump Administration curbed the burdensome Obama-era rule on methane, saving American energy developers hundreds of millions of dollars in regulatory costs.

EXPANDING OPTIONS FOR QUALITY AND AFFORDABLE HEALTHCARE:President Trump is expanding access to affordable healthcare choices and taking action to lower drug prices.

·        President Trump’s Administration is working to provide Americans with affordable alternatives to Obamacare.

·        The Administration expanded short-term, limited duration health insurance plans that are expected to be nearly 50 percent cheaper than unsubsidized Obamacare plans.

·        President Trump has expanded association health plans, allowing more employers to join together across State lines and affordably offer coverage to their employees.

·        The Administration proposed a reform to Health Reimbursement Account (HRA) regulations that will give consumers more freedom to purchase benefits that fit their needs.

o   Roughly 800,000 employers are expected to provide HRAs for more than 10 million employees once the rule finalized.

·        Americans have more healthcare freedom thanks to the President signing legislation that ended Obamacare’s individual mandate penalty.

·        While healthcare premiums had been steadily increasing as a result of Obamacare, the average benchmark exchange premium will decline for the first time in 2019 thanks to President Trump’s policies.

o   Next year, Americans will benefit from more insurer participation on the exchanges.

·        Medicare Advantage plans offer more benefit options than ever before, and average premiums in 2019 will be 6 percent lower than in 2018.

·        President Trump launched an unprecedented campaign to drive down drug prices, leading more than a dozen drug manufactures to enact price freezes, reductions, or rollbacks.

o   In 2018, the Food and Drug Administration (FDA) approved a record number of generic drugs, breaking the previous record set by the Administration in 2017.

o   The FDA’s Fiscal Year (FY) 2017 generic drug approvals are expected to bring nearly $9 billion in savings in 2017 alone.

o   President Trump signed legislation eliminating contractual gag clauses that stopped pharmacists from informing patients about lower drug prices.

·        The President put forth an initiative to stop global freeloading that drives up prices for American patients.

·        The Administration provided Medicare Advantage and Medicare Part D plans with new negotiating tools to drive down drug costs for American patients.

·        The Administration implemented reforms to the amount Medicare pays hospitals for drugs that are purchased under the 340B program, saving seniors $320 million in 2018.

·        President Trump signed “Right to Try” legislation to expand access to experimental treatments for terminally ill patients.

FIGHTING BACK AGAINST THE CRISIS NEXT DOOR: President Trump mobilized his entire Administration to combat the opioid crisis that has devastated communities across the country.

·        President Trump launched an Initiative to Stop Opioid Abuse and Reduce Drug Supply and Demand, introducing new measures to confront the driving forces behind this crisis.

·        The President signed the landmark SUPPORT for Patients and Communities Act, the largest and most comprehensive legislative package addressing a single drug crisis in history.

·        The President helped secure a record $6 billion in funding to fight the opioid epidemic.

·        The Administration provided more than $2 billion in grants in 2018 to help States, territories, tribes, and local communities prevent and treat opioid abuse.

·        The Administration pursued scientific solutions to prevent and treat addiction through the Helping to End Addiction Long-term (HEAL) Initiative.

·        The President launched a national public awareness campaign about the dangers of opioid addiction and youth opioid usage.

·        Last year, President Trump created a Commission on Combating Drug Addiction and the Opioid Crisis, which recommends ways to tackle the opioid crisis.

·        The Administration declared the opioid crisis a nationwide Public Health Emergency in 2017.

·        President Trump is working to cut off the flow of deadly opioids into our country and to disrupt the networks that distribute them to our communities.

o   The Administration secured first-ever indictments against Chinese nationals for fentanyl trafficking.

o   The Department of Justice (DOJ) launched a surge to target fentanyl and heroin dealers in the districts with the most severe overdose death rates.

o   The DOJ formed a Joint Criminal Opioid Darknet Enforcement team and shut down the biggest Darknet distributor of drugs.

·        Last year, the DOJ announced the largest healthcare fraud takedown in history, arresting more than 120 defendants with opioid-related crimes.

·        The President launched a Safer Prescribing Plan that seeks to cut nationwide opioid prescription fills by one-third within three years.

·        The Administration has led four National Prescription Drug Take-Back Days, collecting a record-breaking 1,837 tons of expired and unneeded prescription drugs.

STANDING UP FOR THE SANCTITY OF LIFE AND PROTECTING RELIGIOUS LIBERTY: The President is committed to defending the right to life and religious liberty.

·        Shortly after taking office, President Trump reinstated and expanded the Mexico City Policy.

·        President Trump defunded a United Nations (UN) agency for colluding with China’s brutal program of forced abortion and sterilization.

·        The Administration withdrew guidance that constrained State’s ability to exclude family-planning providers that provide abortion services from the Medicaid program.

·        The Trump Administration proposed new regulations to ensure Title X family planning funding does not go to projects that perform, support, or refer patients for abortion.

·        The Trump Administration issued regulations establishing new or expanded exemptions from the Obamacare contraceptive mandate based on religious beliefs or moral convictions.

·        In 2017, the President issued an executive order to promote free speech and religious liberty.

KEEPING AMERICAN COMMUNITIES SAFE: President Trump has made clear that his first responsibility is to protect the safety and security of Americans.

·        Federal Bureau of Investigation data shows violent crime decreased under President Trump’s watch in 2017, following two consecutive years of increases.

·        United States Attorneys indicted the most violent criminals on record last year.

·        Last year, the DOJ announced nearly $100 million in grant funding to hire hundreds of additional law enforcement officers.

·        President Trump is cracking down on the vile MS-13 gang that has brought violence to communities across the country.

o   In 2017, the DOJ worked with international partners to arrest and charge approximately 4,000 MS-13 members.

o   Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations arrested nearly 800 MS-13 members and associates in FY 2017, an 83 percent increase from the prior year.

·        President Trump signed an executive order to restore State and local law enforcement’s access to surplus equipment that can be used to help keep our communities safe.

·        President Trump enhanced and updated the Project Safe Neighborhoods program.

·        The DOJ announced the creation of the National Public Safety Partnership in 2017, launching a cooperative initiative with cities to reduce violent crime.

·        President Trump signed legislation to improve the Federal firearm background check system and keep guns out of the hands of dangerous criminals.

·        President Trump signed the First Step Act, which includes bipartisan reforms to make our Federal justice system fairer and our communities safer.

o   The First Step Act will help prepare inmates to successfully rejoin society, reducing recidivism and improving community safety.

o   This legislation includes commonsense sentencing reforms that will make our Federal justice system fairer while keeping violent criminals and sex offenders off our streets.

ENFORCING OUR LAWS AND SECURING OUR BORDERS: From the first day of his Administration, President Trump has worked to uphold the rule of law and secure our borders.

·        President Trump released an immigration framework that would fix our broken immigration system through merit-based reform and provide the resources needed to secure our border.

o   This includes closing the legal loopholes that enable illegal immigration, ending chain migration, and eliminating the visa lottery.

·        President Trump secured funding to begin building the wall and construction has already begun in areas along the southern border.

·        President Trump deployed the military to assist in securing the southern border.

·        President Trump and his Administration took action to require aliens seeking asylum to go to a port of entry to make their claim.

·        Customs and Border Protection (CBP) apprehended 17,256 criminals and 1,019 gang members in FY 2018.

·        ICE’s Enforcement and Removal Operations (ERO) arrested 158,581 aliens in FY 2018, an 11 percent increase from FY 2017.

o   90 percent of those arrested had criminal convictions, pending charges, or had been issued final orders of removal.

·        ICE ERO increased removals by 13 percent in FY 2018 to 256,086, the majority of whom were convicted criminals.

o   Removals of convicted criminal aliens increased by 14 percent from FY 2017.

o   Nearly 6,000 known or suspected gang members were removed in FY 2018, a 9 percent increase from FY 2017.

·        The Department of Justice prosecuted a record number of criminal immigration offenses in FY 2018, and increased the number of prosecutions for illegal entry by 84 percent over FY 2017.

·        Immigration courts are now completing more cases than at any point since 2011

·        President Trump kept his promise by launching the office of Victims of Immigration Crime Engagement (VOICE) within the Department of Homeland Security.

·        The Administration has more than doubled the number of jurisdictions participating in the 287(g) program, which enables State and local law enforcement to aid immigration enforcement.

·        President Trump has made our country safer by ordering the enhanced vetting of individuals entering from countries that do not meet our security standards.

o   These procedures were upheld in a June 2018 Supreme Court ruling.

REBUILDING AMERICA’S MILITARY FORCE: President Trump is rebuilding our military and defending America’s interests across the world.

·        President Trump ended the devastating defense cuts of the past Administration and has secured historic investments to rebuild our military.

o   President Trump signed legislation providing $700 billion for defense in FY 2018 and $716 billion in FY 2019.

·        President Trump is supporting America’s men and women in uniform, securing the largest military pay raise in nearly a decade.

·        The President issued a new National Security Strategy to keep America safe from all threats.

o   The Administration has also released new strategies specific to cybersecurity, biodefense, counterterrorism, and weapons of mass destruction terrorism.

·        President Trump directed the first whole-of-government assessment of United States manufacturing and defense supply chains since the Eisenhower Administration.

·        President Trump initiated the 2018 Nuclear Posture Review, improving United States deterrence policy and existing capabilities to counter nuclear threats.

·        President Trump empowered our military commanders with broad authority in order to take the fight to ISIS, and the results are clear.

o   ISIS has lost nearly all of its territory, more than half of which has been liberated since President Trump took office.

o   All of ISIS’ territory in Iraq was successfully liberated.

o   ISIS’ self-proclaimed capital city Raqqah has been recaptured.

·        ISIS’ territorial caliphate has been defeated and President Trump has announced that he is bringing America’s troops in Syria home.

·        President Trump announced a new Iran strategy to confront all of Iran’s malign activities and withdrew from the horrible, one-sided Iran nuclear deal.

o   All sanctions that had been lifted or waived under the Iran deal have been reimposed.

o   The Administration has sanctioned more than 160 individuals tied to the regime’s support of terrorism, ballistic missile program, human rights abuses, and more.

·        President Trump took decisive military action to respond to the barbaric use of chemical weapons by the Assad regime.

o   President Trump directed strikes in response to the regime’s chemical weapons attacks in April 2017 and April 2018.

o   The Trump Administration has also rolled out sanctions targeting those tied to Syria’s chemical weapons program.

·        President Trump is strengthening America’s cyber defense and directed the elevation of the United States Cyber Command into a major warfighting command.

·        The President announced that the Department of Defense will work to create a Space Force to serve as an independent branch of the United States military.

RESTORING AMERICAN LEADERSHIP ABROAD: President Trump is restoring American leadership on the world stage and advancing an America first agenda.

·        President Trump held an historic summit with Chairman Kim Jong-Un, bringing beginnings of peace and denuclearization to the Korean Peninsula.

o   Since the summit, the leaders have exchanged letters and high-level officials from both countries have met.

o   Because of the President’s actions, North Korea has halted nuclear and missile tests.

o   The remains of POW/MIA service members from the Korean War are being returned to the United States.

·        Prior to the summit, President Trump’s leadership helped secure the passage of historic UN sanctions on North Korea.

·        President Trump followed through on his promise to recognize Jerusalem as the capital of Israel and move the American embassy there.

·        President Trump withdrew the United States from the UN Human Rights Council due to its bias against Israel.

·        The Administration made clear that it does not accept the International Criminal Court’s jurisdiction over Americans and will continue to protect America’s sovereignty.

·        President Trump has successfully advocated for cutting waste at the UN.

o   Changes made to the organization’s structure allowed the UN to cut hundreds of millions of dollars from their budget, while making the organization more efficient.

·        The President’s leadership in the North Atlantic Treaty Organization (NATO) has encouraged members to increase their defense spending and realign the Alliance’s priorities.

o   In 2017 alone, there was an increase of more than 4.8 percent in defense spending among NATO allies.

o   President Trump convinced the Alliance to strengthen counterterrorism activities, and NATO formally joined the coalition to defeat ISIS.

·        President Trump’s Administration is working to advance a free and open Indo-Pacific through investments and partnerships.

·        President Trump has imposed tough sanctions on the corrupt regimes in Venezuela, Cuba, and Nicaragua.

·        President Trump has taken tough action to combat Russia’s malign activities, including Russia’s efforts to undermine United States elections.

o   The Administration has imposed sanctions on more than 200 individuals and entities related to Russia’s destabilizing activities.

o   The Trump Administration has enhanced support for Ukraine’s defense by stepping up sales of weapons to its military.

·        The Trump Administration has secured the release of numerous American citizens held abroad, including Pastor Andrew Brunson from Turkey, Josh Holt from Venezuela, and more.

·        President Trump attended G20 summits in Argentina and Germany, where he promoted American First policies and encouraged closer cooperation.

·        In 2017, President Trump conducted tours through Asia to promote America’s interests.

HONORING AMERICA’S COMMITMENT TO OUR VETERANS: President Trump is honoring America’s commitment to our veterans by ensuring they receive the quality care they have earned.

·        President Trump secured a record $73.1 billion in funding for the Department of Veterans Affairs (VA) to provide quality medical care for our veterans.

o   This funding included $8.6 billion for mental health services, $400 million for opioid abuse prevention, $206 million for suicide prevention, and more.

·        The President signed the VA MISSION Act, revolutionizing that VA healthcare system and reforming numerous services for our veterans.

o   This legislation will consolidate and reform existing programs to give eligible veterans better access to healthcare providers in their communities.

o   Thanks to this legislation, eligible veterans will have access to walk-in community clinics that offer immediate, local care.

·        President Trump and his Administration have expanded access to telehealth services for veterans, including through the “Anywhere to Anywhere” VA health care initiative.

·        President Trump issued an executive order requiring the Administration to improve access to mental health treatment and suicide prevention resources for veterans.

·        President Trump signed the Veterans Affairs Accountability and Whistleblower Protection Act, making it easier to fire failing employees and protect whistleblowers.

o   Under President Trump, the VA has removed, demoted, or suspended more than 4,300 employees for poor performance.

·        President Trump signed the Veterans Appeals Improvement and Modernization Act of 2017, streamlining the process used by veterans when appealing benefits claims.

·        President Trump fulfilled his promise to create a new White House VA Hotline to provide veterans with 24/7 support.

·        The VA is providing veterans with online access to wait time and quality of care data.

·        The President signed the Forever GI Bill, providing veterans, service members, and their families with enhanced education benefits.

·        Last year, programs at the VA and the Department of Housing and Urban Development helped more than 51,000 veterans find permanent housing and access supportive services.

TRANSFORMING GOVERNMENT: President Trump has followed through on his pledge to transform the Federal Government and increase accountability and transparency.

·        President Trump’s Administration submitted a plan to reorganize the executive branch in order to improve efficiency and effectiveness.

·        In a historic show of transparency and accountability, the Trump Administration completed the Department of Defense’s first ever audit.

·        The President implemented a five-year ban on lobbying for White House employees and a lifetime ban on lobbying for foreign countries.

·        Each quarter since taking office, President Trump has donated his salary, fulfilling a promise he made to the American people.

·        President Trump is reshaping our Federal judiciary, appointing judges who will follow the Constitution as written.

o   The President has appointed Circuit Court judges at a record pace.

o   President Trump has appointed two Supreme Court justices, Justice Neil Gorsuch and Justice Brett Kavanaugh.

 

As we survey the 2020 candidates for president, almost all of them say they want to raise taxes, increase regulations, and impose a range of new burdens that would reverse the economic accomplishments of the first 2 years of the Trump Administration.

Pew Research may have pointed to one of his understated accomplishments. Over half the country now believes in the reality of Fake News.

We gladly supported the president’s campaign in 2016, which was acknowledged on the president’s campaign website, as the below screen shot reminds readers. It’s been an amazing ride. Let’s see what’s next.

 

12ReasonsEducatedIranianAmericanWomanSupportsDonaldTrumpPostedMastheadBlogMHProNews954x846

While the Manufactured Housing Institute (MHI) paid for two pro-Clinton speakers in the closing days before the 2016 election, the Kovach family supported Donald J. Trump’s candidacy as the best for the industry, small business, and hundreds of millions of Americans. One of those stories ended up on the president’s campaign website, and hundreds of conservative and pro-Trump websites.

 

Happy Flag Day, and Happy 73rd Birthday, President Donald J. Trump! 

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

 

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Tanker Strike Spark Oil Jump, Likely Rise in MH Transport Costs, plus Manufactured Home Stock Updates

June 13th, 2019 Comments off

CNNmone6.13.2019ManufacturedHomeStocksMarketsReportsMHProNewsWhen the cost of crude oil goes up or down, sooner or later, the cost for transporting a manufactured home will also routinely rise or fall.  So, this evening’s market focus is on the literally explosive situation off the Iranian coast near the Straights of Hormuz, where much of the world’s Middle Eastern oil is transported through. 

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

CNN Business

  • A telling reaction
  • The oil market didn’t react much to the tanker attacks in Oman. Here’s why
  • Oil up 4% after two tankers were attacked off Iran’s coast
  • Why the Strait of Hormuz is so important
  • GE could sell its stake in dozens of startups
  • Spotify is betting big on podcasts. Its new redesign shows just how much
  • Callaway Golf’s stock soars after activist discloses big stake and pushes for sale
  • Rivals Microsoft and Oracle are teaming up to take on Amazon Web Services
  • New ‘megatrend’ ETFs let you invest in everything that’s cool
  • Britain’s wildly popular Monzo banking app is coming to America
  • UK government may intervene in Saudi investment into London papers
  • What is Truist? Soon it’ll be one of America’s biggest banks
  • Southwest Airlines extends flight cancellations through September 2 because of Boeing 737 Max grounding
  • House Intel chair sounds alarm in Congress’ first hearing on deepfakes
  • First on CNN Business: 600 companies including Walmart, Costco and Target warn Trump on tariffs
  • These companies could save the IPO market
  • Marly Higgins Driskell is a certified master newborn care specialist in Houston.
  • What it takes to be a $200,000-a-year nanny
  • A production model of the Samsung Galaxy Fold Tablet smartphone can be seen at a presentation.
  • AT&T cancels preorders for Samsung Galaxy Fold, patents stretchable phone
  • Google releases first photo of the Pixel 4
  • Huawei exec says it has to ‘wait a little bit longer’ to become the world’s biggest smartphone brand
  • Huawei phones will no longer come with Facebook apps
  • The iPhone’s new dark mode: Why you should care
  • KFC are officially trialling a vegan burger, known as the 'Imposter Burger.'
  • KFC is launching a vegan chicken burger in the UK
  • Even Tyson is getting in on the plant-based meat craze
  • Beyond Meat’s stock is up nearly 500%. That’s really too good to be true
  • Beyond Meat introduces new, meatier burger patty
  • Burger King’s Impossible Whopper arrives in San Francisco

 

Fox Business

  • American Airlines, Southwest shares surge after fare increases
  • Tesla’s request for China tariff relief denied by Trump administration: Report
  • Colorado’s marijuana revenue surpasses $1B
  • Trump says Sarah Sanders will leave White House at the end of June
  • Great Recession still hurting? 23% of Americans say their financial situation is ‘worse’ now
  • Colorado’s marijuana revenue surpasses $1B
  • Venezuela to issue 50,000 bolivar bill, equivalent to about $8
  • Atlanta Braves stadium to get new name after BB&T-SunTrust merger
  • Social Security can boost your retirement savings, here’s how
  • Tax revenues to grow 50% over next decade: Rep. Brady
  • OJ Simpson murder case, 25 years later: Ron Goldman’s father details baffling ‘confession’
  • Retirees across the world will outlive their savings by years, report says
  • Hatch Act violation would have gotten me fired: Fmr. Obama adviser Valerie Jarrett
  • Universal Orlando’s much anticipated $300M ‘Harry Potter’ roller coaster is now open
  • AOC, Bernie Sanders skewer Amazon Prime’s new credit card: We ‘intend to outlaw it’
  • Chobani to pay Idaho school district’s $85,000 lunch debt
  • NBA Finals Game 6 ticket prices at record levels for Warriors’ last game at Oracle Arena
  • Ben Carson rips red tape behind the soaring housing costs
  • DNC spending more than it’s raising ahead of 2020 election
  • Will Kamala Harris prosecute President Trump?
  • 2019 ‘Pig Book’ finds government’s pork addiction getting worse
  • Like oil and gas dominance, America can win rare earth production
  • Trump defends remarks about taking foreign government intel on rivals
  • Sanders’ socialism vs. Biden’s nostalgia
  • How this Eagle Scout earned 138 badges

Today’s markets and stocks snapshot, at the closing bell…

9MarketIndicatorsYahooFinance6.13.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

TankerStrikeSparkOilJumpLikelyMHTransportCostsManufacturedHomeStockUpdates

 

 

Per CNBC:

·        Attacks on tanker ships near the world’s busiest sea lane for oil shipments send oil prices sharply higher, partially reversing a deep slump in crude futures.

·        Tankers the Front Altair and the Kokuka Courageous have sustained significant damage in the Gulf of Oman, and their crews have been evacuated.

·        The strikes come against a backdrop of heightened tension between the U.S. and Iran and follow last month’s attacks on four tanker ships in the Middle East.

 

 

This oil spike graphic tells the tale at a glance.

 

WestTexasCrudePriceSpikeJune132019

 

 

 

Not only is transport cost of a manufactured home from the production center to a retailer or community impacted by a rise in oil prices, but also the cost of any secondary moves from a retailer to the home buyer’s site is impacted too.

Furthermore, products are transported to the production center, so those costs will ultimately be passed along too.

The Daily Business News on MHProNews will monitor these developments.

Related Reports:

Is War Ahead? Insider Sources in Iran Talk Trump, Middle East Conflicts, plus Manufactured Home Market Updates

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

YahooFinanceManufacturedHousingConnectedStocks6132019MHProNews

Updated:

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI, and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

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

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

U.S. Chamber hits POTUS on ‘Weaponization of Tariffs,’ POTUS Trump Hits Back, plus Manufactured Home Stock Updates

June 10th, 2019 Comments off

CNNmone6.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsOn a day when the largely markets rose, an interesting item to look at tonight is a tie-in with the tariff controversy.  One will recall that Kevin Clayton decided to weigh in on the tariff issue, ICYMI, or need a refresher, see that linked here. On the same left-of-center business network, CNBC, we get some back and forth between the U.S. Chamber of Commerce, which is undermining confidence in the president’s tariff strategy, vs. the 45th President of the United States (POTUS), Donald. J. Trump’s, reactions to those comments on tariffs and trade.  That will be our focus report this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

 

Select bullets from CNN Money…

  • America’s epic oil boom is just starting
  • The US will produce 13.4 million barrels daily by the end of 2019. Here’s what that means for OPEC
  • The stock market is ‘spoiled’ by rate cuts
  • Target is sweetening its employee benefits to keep workers and attract new ones
  • LIVE UPDATES Dow logs gains for sixth day in a row
  • United Technologies and Raytheon are merging in an aerospace mega-deal
  • Club Med’s Chinese owner wants to buy Thomas Cook
  • Corporate America’s shrinking mountain of cash
  • America’s most cash-rich companies
  • PERSPECTIVES Corporate debt is rising, but it’s safer than it looks
  • HBO cancels ‘Vice News Tonight,’ severing relationship with Vice Media
  • Why CNN’s Jim Acosta titled his new book ‘The Enemy of the People’
  • John Oliver on the Equal Rights Amendment: Which state wants to make it happen?
  • Even CEOs can suffer from impostor syndrome
  • Burger King’s Impossible Whopper arrives in San Francisco
  • The list of 180 companies that say restricting abortion is bad business
  • American’s Boeing 737 Max fleet will stay idle longer than expected
  • Boeing says some of its 737 Max planes may have defective parts
  • 737 Max crisis is a ‘defining moment’ for Boeing, CEO says
  • United Airlines will cancel more Boeing 737 Max flights
  • More bad news for Boeing
  • German discount grocery store Aldi moves into Walmart’s backyard
  • How a cheap, brutally efficient grocery chain is upending America’s supermarkets
  • Lidl will open 25 new US grocery stores over the next year
  • These are the unexpected winners of the grocery wars
  • Instacart wants to make grocery shopping effortless

 

Select Bullets from Fox Business

  • Walmart vs. Amazon: Who is ahead in battle for retail dominance?
  • Bernie Sanders slams Amazon for perpetuating Seattle homelessness after killing ‘head tax’
  • China imports slump most in nearly 3 years
  • WATCH: Helicopter pilot dead after chopper crash into New York City skyscraper
  • Famous New York City restaurateur says restaurant industry can’t fill jobs
  • NBA Finals: Justin Trudeau, Nancy Pelosi place bet on Raptors-Warriors outcome
  • IRS warns taxpayers about new twists on scams
  • Wealthy millennials are leaving these states – and moving to these instead
  • Here’s how much Pete Buttigieg, husband have in student loan debt
  • Trump tariffs encourage US companies to shift plans away from China
  • Target boosts paid family leave, child care benefits in tough labor market
  • Beverly Hills Mayor explains the real reason for banning all tobacco sales
  • Ford’s new police Explorer aimed to dominate law enforcement
  • Rare ‘Murderers’ Row’ era Babe Ruth jersey can set record on auction block
  • 5 retirement mistakes you are likely making
  • Trump on United Technologies-Raytheon merger: ‘I’m a little concerned’
  • This company is offering $1,000 to someone willing to give up their smartphone and use a flip phone
  • ‘Jeopardy!’ champ Ken Jennings: James Holzhauer is the most phenomenal thing ever seen
  • Salesforce to purchase Tableau Software in $15.7 billion deal
  • Markets cheer US-Mexico deal, but it’s not over until it is
  • Despite Brexit mess, Theresa May should be treated kindly by history
  • Biden’s, Warren’s and Bloomberg’s impossible (and expensive) green dreams
  • Beverly Hills to ban sale of most tobacco products by 2021
  • Markets eyeing G20 more than the Fed: strategist
  • Undocumented immigrants to receive health benefits in California

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance6.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

USChamberMyronBrilliantWeaponizationTariffsPOTUSTrumpitsBackManufacturedHomeStockUpdates

Let’s be clear.  Big business has literally sold out millions of formerly American jobs on the alter of their interests in other countries. That has occurred under both Democratic and Republican administrations, so it isn’t a partisan statement.

Certainly, within the bounds of the law, it may be legal to do what they’ve done.  That’s not the question.  The issue, instead, is has it been good or bad for America?  Has it cost our federal government untold billions, in the form of both more domestic public assistance programs, and in terms of higher defense costs to defend against the growing economic/military/cyber clout of nations American dollars have enriched?

What some have deemed ‘the swamp’ ought not to be construed as meaning only Washington, D.C. or national politics. There is swamp-like thinking that has and continues to occurr in business, among nonprofits, and certainly in politics too.  Indeed, for truly expert power players who work ‘the system,’ they may mix in media and fund subtle cultural levers, plus the others just noted, into what they see as their advantages in separating people from their money or opportunities.

While the U.S. Chamber has been thought of as a right-of-center resource, that has changed somewhat in more recent years.  But regardless of party, there may be no better time than the present to head of what could be seen as the larges geo-political-economic threat to the U.S. The president is to be applauded for this efforts, which have proven fruitful with Mexico. 

China is far more powerful than our southern neighbors. There is certainly the potential that the tariff-turmoil could continue for months or years.

National and economic security go hand in hand.  Furthermore, these are issues that the president campaigned upon, and therefore should be of no surprise to anyone.

It was an entirely false notion to think that the U.S. could have a ‘serve economy.’  Production is where the money and value tend to be over service work.  Be it products or food, being the producer is more secure than being the beholden buyer.

With that backdrop, two videos for each side of the issue tonight.

 

·        President Trump’s tariff strategy “creates uncertainty with our trading partners,” says a top official at the world’s largest business lobbying group.

·        Myron Brilliant, head of international affairs at the U.S. Chamber of Commerce, contends that tariffs are the wrong approach with China and Mexico.

·        Reacting to Brillant’s interview, Trump calls in to CNBC to argue his case for why tariffs are effective. He also blasts the Chamber of Commerce.

 

There is doubtlessly short-term pain for numbers from the tariff to correct trade imbalances strategy. That noted, there is more long-term pain for not taking the necessary measures now.

Related Reports:

U.S.-Mexico, Tariffs, and Border Crisis Talks, plus Manufactured Home Stock Updates

Borders, Tariffs, and Looming Antitrust – plus Manufactured Home Market Updates

 

Yahoo Finance Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

YahooManufacturedHousingIndustryConnectedStocksClosingTicker610.2019DailyBusinessNewsMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

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

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