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
- 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
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- Shopping Content by CNN Underscored
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- 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…
Today’s MH Market Spotlight Report –
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.”
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:
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).
Updated:
Berkshire Hathaway is the parent company to Clayton Homes, 21st 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.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
