CNNMoney tells MHProNews.com after a nice two day run-up, the Dow Jones Industrial Average fell back -1.05 percent to 12845.59, down 136.99 points, as China reports it’s economy only grew 8.1 percent in the first quarter of the year, down from 8.9 percent the previous quarter. The Nasdaq dropped 1.45 percent, to close at 3011.13, while the S&P fell by 1.25 percent to end the week at 1370.26. The Yahoo! Finance Manufactured Housing Composite lost -0.73 percent to close at 1032.4. Housing stocks we track mostly closed down. Nobility Homes gained the most of tracked stocks, +3.16 percent, +0.22, to end the trading day at 7.18, while Universal Forest Products, Inc. fell the most, dropping 3.41 percent, -0.96, to close at 32.41. Affiliated Managers Group 108.29 -2.45 (-2.21%). Cavco Industries 43.97 -1.44 (-3.17%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 118,385 -1,788.00 (-1.49%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 26.77 -0.53 (-1.94%). Equity Lifestyle Properties 67.00 -0.42 (-0.62%). Louisiana Pacific Corp. 8.44 -0.29 (-3.32%). Patrick Industries 9.05 -0.12 (-1.31%). Skyline Corp. 6.63 -0.19 (-2.79). Sun Communities 41.20 -0.05 (-0.12%). Third Avenue Value Fund (4-12) 45.14 +0.78 (+1.76%). UMH Properties 11.24 -0.21 (-1.83%).
