In a statement to the Daily Business News, House Financial Services Committee Chairman, Jeb Hensarling (R-TX) expressed both hope and concerns over the economy. Hensarling said that “…although our economy is clearly red hot today, there are some worrisome signs that we must confront. Number one, as recently as 2016, …
U.S. Department of Commerce Secretary Wilbur Ross told Fox Business that the U.S. lost the trade war, it already happened. What President Trump is seeking is to reverse decades of lost trade battles. CNBC’s Jim Cramer think the U.S. can win, but must do so fast If you’re new, already …
“Trade War Lost” – Ross, Cramer – ‘Trump Will Win’ Stocks Rebound, Plus MH Market Update Read More
“Billionaire Sam Zell has been removed as a keynote speaker at a Mizuho Americas conference following a vulgar comment he made about women earlier this month,” reports Bloomberg. “I never promoted a woman because she was a woman,” Sam Zell, chairman of Equity Group Investments (EGI) and Equity LifeStyle …
In a message forwarded to the Daily Business News, MHVillage (MHV) confirmed troubling data that has been presented in person to dozens of gathered industry professionals. The factoids were shared by MHVillage’s Co-President, Darren Krolewski, using a positive-spin narrative. “Based in Grand Rapids, Michigan, MHVillage Inc. is the nation’s premier …
MHVillage Confirms Data, and Michigan Operational Slide Revealed Read More
There’s plenty of news on the trade front, which has once more contributed, per analysts, to a slip in the Dow. Most manufactured housing connected stocks moved lower today as well. So how do the world’s nation’s rank in terms of total exports? How vulnerable are various economies, based upon …
As Trade War Talk Heats Up New Infographic Helps Visualize World’s Biggest Exporters Read More
Congress will soon consider permanently extending certain provisions of the “Tax Cuts and Jobs Act.” Said the National Federation of Independent Businesses (NFIB) in a media release to the Daily Business News. According to a recent NFIB member ballot, “over 90 percent of small business owners support permanently extending the expiring …
Act Now to Make Tax Cuts for Small Business Permeant Read More
States can now force online retailers to collect sales tax, and that can impact millions of workers that are doing “brick and mortar” retail job that represent current or potential manufactured home buyers. The high court ruling earlier today reverses a Supreme Court in 1992 ruling. That prior decision – …
SCOTUS – High Court Tax Ruling, and Manufactured Home Industry Impact Read More
There are millions who find the truth to be uncomfortable. Millions are misinformed about manufactured housing. The obvious answer is education. Millions don’t know, so they don’t understand just how failed many public policies have been. Millions don’t understand how public policy impacts business and jobs, including those …
The carefully orchestrated backlash to the enforcement of federal immigration law has taken center stage in media for the last 2 days. Forgotten is who passed the law, or that Presidents Bush and Obama to various degrees had a similar policy of enforcing the law. Trade is still on investors …
As Washington Boils, and Trade Roils, POTUS Heads to MN for Rally – Plus MH Market Updates Read More
Since the passage for ObamaCare – the so-called Affordable Care Act (ACA) – manufactured housing industry businesses of all sizes have been wrestling with the consequences of the law. The Daily Business News won’t call the effects of the ACA or ObamaCare “unintended consequences” because MIT’s Jonathan Gruber is on …
“You are entrepreneurs in the best tradition of the free enterprise system.” ~ The President of the United States to the MH Industry The U.S. President began his talk with these words, “There are problems in the economy and in the mobile home industry. I am not so naïve …
U.S. President Praised “The Mobile Home Industry,” Manufactured Homes are “Here to Stay” Read More
Housing is a global need, and Asia is the largest market. As the Daily Business News recently reported, U.S. based Hometown America is one of several operations in manufactured housing that has ties to Asia, some of which are deepening. Hometown’s recently announced deal is valued at nearly ½ a …
“The Small Business Optimism Index increased in May to the second highest level in the NFIB survey’s 45-year history,” said the National Federation of Independent Businesses (NFIB) to the Daily Business News in a release. “The index rose to 107.8, a three-point gain, with small businesses reporting high numbers in …
Owners Report Increased Profits, Compensation, Expansion Plans Read More
It’s never a dull moment with reality TV star, business and real estate billionaire, President Donald J. Trump in the White House. The Dow shed almost 300 today, as investors are sweating what many believe is now a trade war. But what do big boys say on the issue? That’s …
“Trade War!” Buffett, Tudor Jones, Lloyd Blankfein React, Plus MH Market Updates Read More
“President Donald J. Trump announced [Monday] his intent to nominate the following individuals to key positions in his Administration,” the White House pressroom tells the Daily Business News. Dino Falaschetti of Montana, is to be the Director of the Office of Financial Research (OFR), Department of the Treasury. The White …
White House Announces Surprise Pick to Head Consumer Financial Protection Bureau Read More
“We got word that [Tuesday], Facebook Inc. is inviting Capitol Hill staffers to Washington DC’s “newest, most exclusive event venue” for free food and drinks. Events like this enable Facebook to peddle influence in the halls of power, and keep lawmakers from cracking down on its abuse of our democracy.” …
“Don’t pretend that this isn’t happening, folks,” said receiver Mark Adams, addressing a gathering of the remaining residents of the Loyalton Mobile Estates, per KOLOTV. “I’m sympathetic. I understand this is where you’ve been living, but it is what it is and it is happening.” That was several months ago, …
Different Kind of Community Closure, Continues Grabbing Headlines in Mainstream News Read More
Markets dipped today, and three issues were among the factors that analysts say are furrowing the brows of investors. Housing, oil, and tariffs – read ‘trade wars’ – are going to be our featured report this evening. If you’re new, already hooked on our new spotlight feature – or are …
Housing, Oil, and Tariffs, Plus Manufactured Housing Industry Market Report Updates Read More
Industry professionals should note the mixing of nomenclature, or feel a level of angst in reading in California’s Orange County Register the following. “Look, I know mobile homes[1] are not for everybody and have a nasty stigma that is sometimes deserved.” That line was preceded by the opening words, …
Is your manufactured housing location or operation a small – or even tiny – David fighting a metaphorical Goliath? The featured image above cuts to the chase of the ancient Biblical drama of David and Goliath. Let’s just say that despite the difference in size, plus long odds, David …
