Manufactured home community connected stocks did well today, while the MHCV dipped as did most other MH tracked companies. Reuters  tells MHProNews  that the broader U.S. stocks closed with little change on the first trading session of 2015, finishing well off session highs as economic data short-circuited early gains.

In a sign of tepid economic conditions, construction spending unexpectedly fell 0.3 percent in November, while the pace of growth in the U.S. manufacturing sector slipped to a six-month low in December, according to the Institute for Supply Management.

“The data we got out today basically dampened early enthusiasm,” said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. “It’s just a little bit of softness, but I don’t think it changes the outlook for a stronger economy.”

Markets had opened higher in a broad rally, but indexes later lost ground. Volume was light in the wake of the New Year’s holiday, which often exacerbates market volatility.

U.S. crude settled down 58 cents at $52.69 for its 13th negative week out of the past 14, and is at levels not seen since 2009. Brent crude settled down 91 cents at $56.42 a barrel.

For the week, the Dow closed down 1.2 percent, the S&P off 1.5 percent and the Nasdaq off 1.7 percent.

At the close, here where the numbers.

Dow 17,832.99 +9.92 (0.06%).

S&P 500 2,058.20 -0.70 (0.03%).

Nasdaq 4,726.81 -9.24 (-0.20%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): 584.5 Today’s Change: -2.10%.

As of approximately 4 PM ET, CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 210.43 -1.81 (-0.85%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21^st Mortgage Corp., and other factory built housing industry suppliers. 223,600.00 -2,400.00 (1.06%).

Carlyle Group(NASDAQ:CG) 28.18 +0.68 (2.47%).

Cavco Industries, Inc. (NASDAQ:CVCO) 77.75 -1.52 (-1.92%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.600 0.000 (0.00% Dec 31).

Drew Industries, Inc. (NYSE:DW) 49.97 -1.10 (-2.15%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 52.36 +0.81 (1.57%).

Killam Properties Inc. (TSE:KMP) 10.31 +0.05 (0.49%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.0100 0.0000 (0.00% Dec 31).

Louisiana-Pacific Corporation (NYSE:LPX) 16.54 -0.02 (-1.12%).

Nobility Homes Inc. (OTCMKTS:NOBH) 10.00 -0.75 (-6.98% Dec 31).

Patrick Industries, Inc. (NASDAQ:PATK) 43.79 -0.19 (-0.43%).

Skyline Corporation (NYSEMKT:SKY) 3.82 -0.23 (-5.74%).

Sun Communities Inc. (NYSE:SUI) 61.51 +1.05 (1.74%).

Third Avenue Value Instl (OTCMKTS:TAVFX) 56.68 -0.08 (0.14% Jan 2^nd).

UMH Properties, Inc. (NYSE:UMH) 9.60 +0.05 (0.52%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 52.37 -0.83 (-1.56%). ##

(Graphic credit: CNNMoney)

Article submitted by Sandra Lane to – Daily Business News – MHProNews.