In the news from CNNMoney: The government said 173,000 jobs were added to the employment rolls in August, fewer than the 200,000 economists expected. U. S. unemployment rate is the lowest in seven years at 5.1 percent. Emeryville, California has the highest minimum wage in the country at $14.44.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped -0.39 percent to close at 907.4. All but two of the manufactured housing related stocks we cover nudged down, or remained even, to end the week. Louisiana Pacific edged up the most of tracked stocks, gaining +1.12 percent in today’s trading, to finish the week at $16.31. Affiliated Managers Group slipped the most of stocks we follow, -2.43 percent, to end the week at $71.47.
On the Big Board:
The Dow Jones Industrial Average dropped -1.66 percent, -272.28 points, falling the most of the three major indices, to end the week at 16,102.38.
The NASDAQ fell -1.05 percent, -49.58 points to close at 4,683.92.
The S&P 500 lost -1.53 percent, -29.91 points, to finish at 1,921.22.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $173.25 -4.32 (-2.43%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $196,501.00 -3,164.00 (-1.58%).
Carlyle Group (NASDAQ:CG) $20.17 -0.39 (-1.90%).
Cavco Industries, Inc. (NASDAQ:CVCO) $70.60 -0.67 (-0.93%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $54.18 -0.16 (-0.29%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $54.69 -0.73 -1.32%).
Killam Properties Inc. (TSE:KMP) $9.95 -0.03(-0.30%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.31 +0.18 (+1.12%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.20 -0.10 (-0.97%).
Patrick Industries, Inc. (NASDAQ:PATK) $44.33 -0.01 (-0.02%).
Skyline Corporation (NYSE:SKY) $3.27 -0.01 (-0.30%).
Sun Communities Inc. (NYSE:SUI) $63.24 -1.18 (-1.83%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $51.54 +0.26 (+0.51%).
UMH Properties, Inc. (NYSE:UMH) $9.20 -0.09 (-0.97%).
Universal Forest Products, Inc. (NYSE:UFPI) $60.20 -0.40 (-0.67%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.