Before the recent 7 straight months of downturn in manufactured housing production, manufactured home producers were among those who said that getting qualified labor has been a challenge for the industry during parts of the Trump Administration and early in the Biden era. While numbers of Democratic politicos are better known in the Biden era for essentially favoring an ‘open borders’ policy, there are still some Establishment (vs. Trump or MAGA) Republicans who will still bow to the corporate donor-masters in de facto okay with open borders because it brings ‘cheap labor’ that some businesses want into the country. This report will review several economic topics, including the labor market, the still low unemployment rate, finance, and the wink-and-a-nod U.S. border policy in the Biden era where administration officials deny that the border is open while millions have flowed across from Mexico into the U.S. since Joe Biden moved into the White House. MHProNews participated in a presentation on 6.8.2023 by AMAC.us and NumbersUSA that laid out some sobering border facts. While checking information from across the left-right spectrum – an MHProNews custom that ought to be a standard journalistic practice – that fact check from an array of sources still yields a picture that is frankly less than perfectly clear. There are some things that do not ‘add up.’  That disclosure made, this report will provide some data and insights that may prove useful to several sectors of the manufactured housing industry.

Part I of today’s report is a snapshot by the Daily Torch’s Robert “Rob” Romano, Vice President of Public Policy at Americans for Limited Government.

Part II includes insights from left- and right-leaning sources on some of the same topics, including the border issue. Among the questions that will be asked is this. Given that millions have crossed the southern U.S.-Mexican border, why are there still an estimated 10 plus million unfilled jobs in the U.S.A.?

Part I

Unemployment rate ticks up to 3.7 percent in May as job openings swell back to 10.1 million

By Robert Romano

The unemployment rate has ticked up off of historic lows to 3.7 percent in May, as 310,000 fewer Americans reported having jobs and those saying they were unemployed increased by 440,000, the latest data by the Bureau of Labor Statistics shows.

That’s still pretty low by historic standards, but nothing lasts forever. Following periods of peak employment and high inflation, the economy can tend to overheat, consumer spending slows down and on a periodic basis, recessions occur, resulting in jumps in unemployment. The questions include when and to what extent that upheaval in labor markets will be.

Similar drops in the household survey reports of employment were felt in 2022, with 257,000 and 66,000 fewer Americans reported having jobs in the BLS household survey in Oct. 2022 and Nov. 2022, respectively, offset by gains through the first half of 2023—until now. There were also dips of 346,000 in April 2022 and 242,000 in June 2022 that were offset by gains in May 2022 and July 2022.

Which, is usually what happens during peak employment, where the unemployment rate really cannot go much lower, and so the level of employment begins clanking around the top, often followed by a drop that is significant. For example, by 2024, the White House Office of Management and Budget (OMB) has projected that the unemployment rate will rise to about 4.6 percent. That’s an implied 2 million jobs lost or so, and much of it remains on the horizon.

On inflation, which peaked at 9.1 percent in June 2022 and was down to 5 percent in March. Usually peak inflation followed by a slowdown in the increase in prices also precedes a downturn. As it continues to normalize, watch for more upheaval in labor markets.

In the meantime, job openings measured by the Bureau of Labor Statistics increased by 358,000 to 10.1 million. That’s still more than 15.9 percent below the 12 million peak in March 2022. Although a recent addition to the BLS plethora of data, job openings in the past three recessions have tended to dip significantly.

But as the number of Americans retiring has steadily increased over the past decade, so have the number of job openings. Americans not in the labor force 65 years old and older has increased 3.27 million since Feb. 2020, from 28.3 million to 31.4 million today. In Jan. 2009 it was just 20.1 million. That’s the Baby Boomer retirement wave, coupled with comparatively lower fertility rates as more women entered the workforce in subsequent generations — and it continues to have massive ripple effects throughout the economy.

The question is whether those job openings will be enough to forestall job losses in labor markets indefinitely or at least through a period that would have otherwise resulted in the unemployment rate steadily ticking upward.

The situation could be similar to that of Japan whose demographic decline the past few decades with a rapidly aging population followed very low fertility rates. During the financial crisis and Great Recession of 2008 and 2009, the unemployment rate only reached 5.7 percent (here it reached 10 percent in Oct. 2009), and just 3.2 percent during the Covid recession.

There is also the spread between 10-year treasuries and 2-year treasuries, an inversion of which usually predicts a recession on the horizon as long term growth is perceived to be lower than short term growth. The 10-year, 2-year inverted briefly in March 2022 and then succumbed fully in July 2022, where it has remained. Usually, as the economy turns into a recession, the yield curve will tend to uninvert itself as the Federal Reserve ramps up purchases of treasuries and drops interest rates. The Fed hasn’t done that yet, after hiking interest rates for the past year, and may not until inflation returns to more normal levels.

Other troubling signals include the recent regional bank failures: First Republic Bank, Silicon Valley Bank and Signature Bank all were placed into FDIC receivership in the past few months—the second, third and fourth largest bank failures in American history.

These have come as interest rates have risen by the Federal Reserve and private banks to combat sticky inflation in the U.S., thereby lowering the book value of trillions of dollars of U.S. treasuries that banks and other financial institutions hold onto. There could be as much as $620 billion of unrealized losses sitting on bank balance sheets.

Overall, the SPDR S&P Regional Banking ETF is down 38 percent since February. Shares of PacWest have collapsed nearly 76 percent since February, Western Alliance Bancgroup by 56 percent and Zions Bancorpation by 49.4 percent. Similar drops in the stock values of First Republic, Silicon Valley and Signature banks signaled their ends too, and could point to more financial stress on the horizon.

These are all things that tend to happen during recessions. They might be offset to some degree by the spare labor markets we are currently experiencing, with millions of job openings even as the economy is slowing down. That could spare the American people from the worst of what would otherwise be a steep increase in unemployment. Time will tell.

Robert Romano is the Vice President of Public Policy at Americans for Limited Government. ##

Part II – Additional Information with More MHProNews Analysis and Commentary

Without disputing the broad brush of what Romano outlined above – because he cites the sources he has used, there are some things that simply don’t add up – be it federal or partisan media sources. The left-leaning Pew research center said on Jan 11, 2022 “Since Joe Biden took office in 2021, his administration has acted on a number of fronts to reverse Trump–era restrictions on immigration. the left-leaning Associated Press (AP) said on 5.10.2023 that: “Biden: US-Mexico border will be ‘chaotic for a while’.” Left-leaning Newsweek said that border crossings are three times the level experienced during the Trump years. The left-leaning New York Times said that there has been “record levels” of “migration” under Joe Biden.

BIDEN’S BORDER CRISIS IS THE WORST IN AMERICAN HISTORY
HIS POLICIES CONTINUE TO MAKE IT WORSE
KEY TAKEAWAYS:
1. Under Joe Biden, America is facing the worst border crisis in our history.
2. President Biden has undermined America’s border security and the integrity of our immigration
system at every turn.
3. Biden’s border policies are creating a growing national security crisis, and threatening the safety of
Americans across the country.

MHProNews posed the following inquiry to Bing’s AI chat function.  “How many jobs have illegal migrants taken during the Biden Administration?”

Bing’s AI response was as follows.

1. foxnews.com 2. prnewswire.com 3. cnn.com 4. factcheck.org 5. nytimes.com— see less”

The second link above is to a press release by FAIR.us. FAIR is an acronym for “Federation for American Immigration Reform” a Washington, D.C. based nonprofit that says their objectives and the reasoning for their objectives are as follows. 

Our Objectives

FAIR seeks to reduce overall immigration to a more normal level. Reducing legal immigration levels from well over one million at present to a very generous 300,000 a year over a sustained period will allow America to manage growth, address environmental concerns, and maintain a high quality of life.

FAIR puts the interests of American citizens and future generations ahead of big business and partisan demands.”

What We Believe

Immigration, within proper limits, can be positive. Adhering to the rule of law is central to successful assimilation and citizenship.

Tough decisions require strong leadership. Strong leadership, in turn, is underscored by defined principles that anchor public policy.

Immigration can be an emotional topic: We believe in respecting the basic human rights and the dignity of all involved. As such, FAIR opposes policies based on favoritism toward, or discrimination against, any person based on race, color, religion, or gender.

We understand that under any rational system of ordered entry, the demand will always vastly exceed available slots. Tough decisions will therefore always be necessary.

 FAIR does not endorse political candidates or parties.”

One might think that a sound national goal would be to have “a high quality of life” for citizens. For example, Senator Bernie Sanders (VT-self-described Democratic Socialist) was blasted by left-leaning Vox in 2015 for saying that open borders would hurt American-born employees. Per Vox: “But the claim that American-born workers would suffer from open borders and increased immigration is bogus, and he should stop making it.” As recently as March 16, 2020 The left-leaning Washington Post put it like this: “Bernie Sanders (I-Vt.) has repeatedly warned that an increase of high- and low-skill immigrant labor will lower the wages of U.S. workers.” Whatever what someone might think of Sanders and his past or current political stances, that prior argument by Sanders is economics 101. It is the law of supply and demand. All other factors being equal, increase the supply of something over the demand and the cost for that something is lowered. The commodity in question in the law of supply and demand can be labor as well as things.

 

When so-called “special interests” want something that may not be popular, it may prove useful for them to dress up what’s unpopular, so that the maximum number of citizens (and think voters) will buy into it. For decades, it was understood that trade barriers protected not only numbers of American businesses, but it could also protect American employees. In the 1950s it was far more common that only one spouse worked outside of the home. Because pay was relatively higher, numbers could afford a house, a car, and modern convinces.  But as more an more people entered the workforce (supply increases), the pay or wages for those people relatively speaking (adjusted for inflation and other factors) went down. Per the federal Bureau of Labor Statistics (BLS).

• “According to 1920 census data, both husband and wife were working in just 9 percent of all married couples.”
• “Between 1950 and 1970 the proportion of wives with paid jobs rose from23 percent to 39 percent. By 1995 it was 61 percent.” So said the Washington Post.
• By 2022: “Employed fathers remained more likely to work full time than employed mothers in 2022—95.6 percent compared with 80.5 percent..” That’s per BLS.gov.
• What used to be sustainable with one person working now requires two, or sometimes more jobs.
• A similar principle is at work with too much immigration, which dilutes the earnings potential of natural citizens.

Something similar is likely occurring in the housing market, but as Bing AI obliquely noted, because it answered the next question differently than was asked.

Question for Bing AI: How many housing units have illegal migrants taken during the Biden Administration?

According to NBC San Diego, illegal immigrants make up a tiny portion of the 7.1 million people in federal housing, according to government statistics. But authorities may be unaware of thousands more, and critics say no illegal immigrant should get housing benefits. While there are no hard numbers on illegal immigrants in public housing, the U.S. Department of Housing and Urban Development reports that 29,570 people – 0.4 percent of all those in federally funded housing – are “ineligible noncitizens”¹.

I hope this helps.

1. nbcsandiego.com 2. nypost.com 3. newsweek.com 4. nytimes.com 5. pewresearch.org— see less

 

Question for Bing AI: Where are illegal immigrants entering the US during the Biden administration living?

According to CBS News, thousands of migrant children are backed up in United States detention facilities along the border with Mexico, part of a surge of immigration from Central Americans fleeing poverty and violence that could overwhelm President Biden’s attempt to create a more humane approach to those seeking entry into the country¹. The New York Times also reported that the Biden administration has admitted one million migrants to await asylum hearings².

I hope this helps.

Learn more:

1. nytimes.com 2. nytimes.com 3. cbsnews.com 4. nytimes.com 5. pewresearch.org— see less

That answers above are incomplete at best. When the federal government is spending trillions of dollars annually, isn’t it odd that answers to some obvious questions are not readily available? Because in New York City, for example, there have been several reports of illegal immigrants being moved by city officials into hotels that are being paid at taxpayer expense. Some migrants have been shown living in tents. Some are being placed in various kinds of buildings. That said, obviously a percentage of migrants that have been released or made their way into the country are obviously competing with citizens for both jobs and housing. For that matter, they are competing for transportation, clothing, medical care, and the entire range of products and services that people need for living.

Think Big, Think Long Term

MHProNews has noted that one of the co-founders of Legacy Housing, Curtis “Curt” Hodgson, has mused that the manufactured home industry has too many short-term thinkers. Part of their success, and they have been quite successful in several ways, is due to the fact that they had a long term plan and have worked it.

Thinking long-term

While it may be frightening for some employers to consider “paying more” for labor or for components or products that come from overseas, if the totality of all costs, including taxation, are factored in, the case can be made that it is better in the long run to return to the norms that once ruled American public policy. Additionally, there is a natural appeal for millions of Americans to “buy American.” The more the products are sourced in the U.S.A., the more that pitch could be stressed to potential customers. The difference of several hundred dollars or in some cases, even a couple of thousand dollars, may attract better qualified customers if it is marketed and then sold properly.

Ironically, one of the pitches in the Biden White House Fact Sheet on competition indirectly supports that notion. “In fact, research shows that industry consolidation is decreasing advertised wages by as much as 17%.” There are some firms that exit an industry, period. The reasons are many. But when exits are being essentially forced by some dominating firms by a strategy that has to some degree been successful, that is an entirely different matter.  That can be an antitrust violation.

There are reasons why big businesses may seemingly subvert or throttle their own market, including housing.  With less supply, the price for each unit is increased.  The report in MarketPlace cited here candidly noted that some conventional builders were throttling their own production.   Why? The bottom line is simple. When there is more demand than supply, they were able to do so and could get more for their home than they otherwise might. That kind of a strategy is made possible in part because more people are moving into the U.S., not to ignore domestic population growth, so that there is not enough housing being created. With insufficient housing, prices are going to be pushed up.

But that brings regular readers of Manufactured Home Pro News (MHProNews.com) back to some basics that regrettably the Manufactured Housing Institute (MHI) is demonstrably not addressing. The recent downturn in manufactured housing is occurring not because there are too many homes in inventory at some dealerships.  Even if that inventory issue is true on some level, the obvious follow up truth is that homes that were being snapped up a year ago are not being sold at the same rate today. That goes to an array of other issues, which includes training and motivation, but is not limited to those subjects.  Again, using Legacy Housing as an example, their President and CEO Duncan Bates frankly admitted that their sales team needed to refocus from being order takers and becoming sales focused. When remarks by corporate leaders at Cavco and Legacy are both admitting that there is good retail traffic, that obviously means that people are wanting to buy a home. Even if they need to be ‘convinced’ or ‘sold’ that they should do so sooner than later, that’s part of being in the retail business. The fact that interest rates are higher now than 2 years ago is water under the bridge.

When this writer worked retail, and later taught or coached salespeople and sales managers, a basic plan was always about having an answer to every question or challenge that a customer that called, messaged, or walked in the door had. Sure, if they were not on your sales lot already, a relevant goal was to get them to come in. But once they are at your place of business, a proper sales process identifies the perceived obstacles of sales professionals and then addresses them. Or again, as Bates said in their recent earnings call, sales people’s mindsets had to be turned from being order takers back into persuading them or ‘selling’ them by addressing each prospective customer’s concerns. As a quick aside, one reason why this publication can call BS honestly at some of the nonsense being spouted by some “proud” MHI members is because it is BS. The case can be made that if customers on your lot or sales center, they on some level want to be sold. Will a good sales pro sell them all? No one does. But a good sales professional, like a major league baseball player, will get enough ‘hits’ and ‘runs’ to be successful both for themselves and for their employer. It is pragmatic experience that sets us apart from many of the others who have little or not experience in sales, communities, marketing, customer service, finance, etc. The fact that MHI is busy creating PowerPoint presentations to explain why the industry is in a downturn is pure BS. Why? Don’t they claim to be educators too? Aren’t they charging for sales training? How good can that sales training be if there is too much inventory on retailers sales centers? The absurdity of some MHI leader’s claims is breathtaking when it is properly understood and critiqued. Remember, critique, debate and critical thinking are not four-letter words.

That said, back to the macro-economic picture in the U.S.

As MHProNews has previously noted, regardless of political party, trade with a nation like Communist China is utter folly in the long term.  Not only are American jobs being eliminated, but costs in our society are also higher because American dollars are being spent on goods that in turn help build the Communist Chinese military. U.S. military spending then ‘must’ in turn go up.  As employees are displaced, some inevitably end up on social programs, even if for a time.  That too has a taxpayer cost component.  When the big picture is objectively considered, it pays in the long run to buy American and promote that view. Look at some famous and successful brands outside of manufactured housing that may have somewhat of a higher price, but because they are American made people gladly pay it. WeatherTech and MyPillow are some that jump to mind. They aren’t cheaper, they sell made in the U.S.A. and quality. MHVille should learn and embrace that lesson.

The time for putting American Products and American Citizens first is apparent. Even Biden has apparently felt compelled to adopt some of the Trump lingo on the Buy American topic, because once it is explained and understood, it is obviously common sense. To learn more on these topics, see the linked and related reports.

 

Every nation’s first duty is to its own citizens. It is not heartless to regulate immigration, it is pragmatic and honest.

Even a child can defy the law of gravity. Everyone that catches a ball in the air has kept gravity from having that ball fall to the ground. But sooner or later, that child or adult will let go or put down that ball or other object. Trusting in basic ‘natural laws like gravity, or supply and demand, is prudent.

It is when natural laws are ignored, or some attempt to manipulate them, that is when a range of social and economic ills emerge. There should be no fear of doing what is correct. There are plenty of examples of how these ‘tips’ from your number one source for manufactured home “Industry News, Tips, and Views Pros Can Use”^© continues to draw thousands of readers daily, people just like you. In conclusion for this segment, the known evidence is a wakeup call. The problems are opportunities in disguise.  Yes, too many are being ripped off by a system that is rigged, but once someone understands that the system is rigged, that is when learning to navigate the rigged system becomes more important.  Knowledge is potential power.  ##

PS – here is a key tip: there is an important difference between conflict or natural disagreement and getting screwed.  Disagreements are inevitable. But so long as disagreements are honest, they can be dealt with and overcome. By contrast, some in MHVille literally aim to screw other people out of what is rightfully theirs. Who says? Informed sources that had to win this writer over on that point.  There are some people who are trustworthy and others who are not.  For evidence or to learn more, check out some of the related reports.

‘The Rules Are Simple. They Lie to Us, They Know We Know They Are Lying;’ MHVillage/MHInsider Darren Krolewski Unveils Sobering Claim – ‘How to Waste Good Money on Marketing’ – plus MHVille Stock$

Investopedia’s Cautionary Post on Illusory Truth Effect. What Is the Illusory Truth Effect? How Does Illusory Truth Effect Apply in MHVille? Fact Check, Analysis, Viewpoints Plus MH Stocks Update

TMHA VP Rob Ripperda’s Tell Damages Manufactured Housing Institute Claim, While Dr. Harold Hunt Remarks Undercut Cavco’s Bill Boor Statements on Manufactured Housing? Plus MHVille Markets Update

Doc Drop – As Sales, Production Fall During Affordable Housing Crisis Why Won’t the Manufactured Housing Institute Fight for Good of All Segments of the Manufactured Home Industry? Plus MHMarkets Update

Headlines from left-of-center CNN Business – from the evening of 6.9.2023

• It’s an odd time for a bull market
• Charging Bull bronze sculpture in the Financial District of Manhattan, New York, United States, on October 23, 2022. The sculpture was created by Italian artist Arturo Di Modica in the wake of the 1987 Black Monday stock market crash.
• Why are stocks surging during a bearish economy? Two letters: AI
• Blue Apron shares rebound on job cuts and a plan to juice its stock price
• Tesla stock charges upwards on deal with GM
• Lawyers for Epstein victim suing JPMorgan Chase ask to recall Jamie Dimon and others for depositions
• Mark Zuckerberg has thoughts on Apple’s new mixed reality headset
• Why do businesses keep raising their prices?
• Walgreens unveils Chicago store with only two aisles and most products kept out of sight
• UBS and Swiss government sign Credit Suisse loss-sharing deal, clearing way for takeover to close
• Netflix password crackdown boosts new subscribers to highest level since Covid began
• First on CNN: Raj Shah out at Fox in wake of historic Dominion settlement
• Deciding what to do when your employer changes the rules on remote work
• America has lost half its public companies since the 1990s. Here’s why
• OpenAI CEO calls for global cooperation to regulate AI
• The UK will scrap windfall tax on energy firms if prices keep falling
• China to clamp down on AirDrop and Bluetooth file sharing for national security reasons
• People in China are so worried about the economy they’re asking for divine intervention
• Right-wing media wages war on U.S. justice system after Trump’s historic federal indictment
• First on CNN: Janet Yellen tells top CEOs the US wants to work with China to tackle urgent global challenges
• GM wants to adopt Tesla’s charging network as ‘the standard’
• It’s official. We’re in a bull market
• Middle-income buyers face the most severe housing shortage
• Americans’ wealth rises by $3 trillion but remains below early 2022 peak
• White House hails the end of the supply chain nightmare

 

Notice: the graphic below can be expanded to a larger size.

See the instructions below the graphic below or click the image and follow the prompts.

Headlines from right-of-center Newsmax 6.9.2023

• Prosecutor Heading Trump Case: ‘One Set of Laws’ That ‘Apply to Everyone’
• Smith said prosecutors would seek a speedy trial. The case was filed in Florida. [Full Story]
• Trump Federal Indictment
• Explainer: What Happens Next?
• Trump Indictment Unsealed
• Biden: Have Not Spoken With AG About Trump Indictment
• Trump’s Valet Is Indicted
• Corey Lewandowski: Trump Case Forced to Miami | video
• Taibbi, Chris Cuomo Question Trump Indictment
• Pence ‘Deeply Troubled’ by Trump Indictment
• Trump Case Assigned to Judge He Appointed to the Bench
• Comer: Biden Bribe Case at Same Time ‘No Coincidence’ | video
• Trump Shifts Lawyers in Classified Documents Case
• RNC’s McDaniel: Biden Has ‘Weaponized the Government’
• Trump Says He Will Plead Not Guilty
• Trump Lawyer: Indictment Designed to ‘Injure’ Campaign | video
• Whitaker: AG Garland ‘Weaponized’ DOJ Against Trump | video
• Lawyer Trusty: Trump ‘Factually Innocent’
• Gaetz: Trump Charges Are ‘Severe Election Interference’
• Trump Team: Smith Has ‘History of Targeting Conservatives’
• Virginia Gov. Youngkin: Trump a Victim of Selective Prosecution
• CNN: Trump Admitted to Not Declassifying ‘Secret’ Info
• McCarthy, Other Lawmakers Tweet Indictment Anger
• Giuliani: ‘We’re a Banana Republic,’ ‘Fascist’ | video
• DeSantis Scolds Biden WH on Indictment
• Burchett: Consider Cutting DOJ Funding
• Peter Navarro: DOJ No Better Than Pakistan Govt | video
• Steil: ACE Act ‘Essential’ for Election Integrity | video
• Self: ‘More Conversations’ Loom on McCarthy | video
• Haley: Won’t Do Petty Exhanges With Trump | video
• Huckabee: Pat Robertson a ‘Visionary’ | video
• Alford: ‘No Way to Defend’ Close Call in Taiwan Strait | video
• Blackburn: DNA Testing Needed at Border | video
• Meuser: Freedom Caucus ‘Wrong’ on Rules Vote | video
• Kari Lake: ‘Little Rays of Hope’ in Youth | video
• Newsfront
• Poll: Trump Holds 23-Point Lead Over DeSantis in Iowa
• A full 44% of likely Republican caucus participants in Iowa say they support former President Donald Trump, giving him a 23 percentage point lead over Florida Gov. Ron DeSantis, who is favored by 21%, according to a new Victory Insights poll…. [Full Story]
• FBI Doc: Burisma Exec Paid Biden $5M in Alleged Bribe
• An executive of the Ukrainian natural gas firm Burisma Holdings paid [Full Story]
• Man at Center of AG Paxton’s Impeachment Faces Charges
• Federal prosecutors on Friday leveled charges of making false [Full Story]
• Dems Must Take Young Voters’ Shift to Right ‘Seriously’
• Millennial voters who were responsible for delivering Democrats an [Full Story] | Platinum Article
• Ex-CNN Boss Chris Licht Spotted Out With Nancy Pelosi
• Former CNN chief executive Chris Licht was spotted at a swanky New [Full Story]
• Former British PM Johnson Standing Down From Parliament
• Former British PM Johnson Standing Down From Parliament
• Former British Prime Minister Boris Johnson is stepping down as an [Full Story]
• Kirby: Reports of China Spy Base in Cuba ‘Not Accurate’
• John Kirby, the National Security Council’s coordinator for strategic [Full Story]
• Related
• Haley to Newsmax: ‘Not Surprising’ China to Build US Spy Base in Cuba |video
• China to Open US Spy Base in Cuba
• Ukraine: Fighting in Donetsk Region, Front Line Tense
• Ukrainian deputy defense minister Hanna Maliar said on Friday the [Full Story]
• Related
• Kyiv Says It Intercepted Call Showing Russia Blew Up Kakhovka Dam
• Putin: Russia Will Deploy Tactical Nuclear Weapons in Belarus in July
• Russia Accuses Ukraine of Killing Flood Victims in Shelling Attacks
• Thunberg Criticizes Russia Over Ukraine Dam ‘Ecocide’
• Russia Shells Ukrainian City Inundated by Dam Collapse after Zelenskyy Visit
• Wagner Chief: Russia Will ‘Suffer Serious Losses’
• Ukraine Denies Report Counteroffensive Has Begun
• Russia Calls Japan Amb. to Protest Military Supplies to Ukraine
• SPONSOR: Overstock Giza sheet sets as low as only $29.98!
• Mike Lindell’s Best Bed Sheet Prices Ever Save 50%!’
• SPONSOR: Overstock Giza sheet sets as low as only $29.98! [Full Story]
• Why Are US Military ‘Trainers’ on the Ground in Taiwan?
• Why Are US Military ‘Trainers’ on the Ground in Taiwan?
• As tensions mount between China and Taiwan – and amid fears that [Full Story] | Platinum Article
• Texas to Use Floatable Border Barrier in Rio Grande
• Texas Republican Gov. Greg Abbott announced a new tool in trying to [Full Story]
• Suspect in Holloway Disappearance Pleads Not Guilty
• Joran van der Sloot, the chief suspect in the 2005 disappearance of [Full Story]
• Walgreens Makes $500M Opioid Deal With New Mexico
• Walgreens Boots Alliance has agreed to pay $500 million to New Mexico [Full Story]
• PRRI Poll: Gender Opinion Set by Party, Religion
• A new poll examining Americans’ views on gender identity, pronoun [Full Story]
• Biden Fines Big Pharma Over Inflated Drug Prices
• The Biden administration on Friday announced it would impose [Full Story]
• Vanguard Vs. Fidelity Vs. Schwab
• FDA Panel Weighs OK of Alzheimer’s Drug Leqembi
• A panel of experts on Friday will discuss whether to recommend [Full Story]
• Related
• FDA Panel Backs Preventive RSV Therapy in Infants
• Fox Tells Tucker to Stop Twitter or Else!
• Fox News said former host Tucker Carlson breached his contract [Full Story]
• Related
• Publisher: Fox News Censoring Jeanine Pirro on Book Tour
• Tucker Carlson’s Twitter Show Garners Nearly 80M Views
• Joe Rogan: Target Shoving Trans Agenda ‘Down Our Throats’
• Podcaster Joe Rogan slammed Target for “shoving” transgender ideology [Full Story]
• How to Check Air Safety and What the Numbers Mean
• How can you check the air quality in your area and what do the [Full Story]
• Chinese Warplanes Penetrate Taiwan Air Defense Zone
• More than 30 Chinese aircraft crossed into Taiwan’s air defense [Full Story]
• Related
• China Envoy in SKorea Warns of ‘Wrong Bets’ Over Sino-US Rivalry
• Christian Broadcaster Pat Robertson Dies at 93
• Pat Robertson, a religious broadcaster who turned a tiny Virginia [Full Story]
• Biden COVID Response Head Ashish Jha Departing
• Ashish Jha, coordinator of the White House COVID-19 Response Team, is [Full Story]
• Bud Light No Longer America’s No. 1 Beer
• Bud Light is no longer America’s top-selling beer following the [Full Story]
• Rule May Classify Law-Abiding Gun-Owners as Felons
• On Jan. 13, the attorney general signed a Bureau of Alcohol, Tobacco, [Full Story]
• Senate Confirms Top-Ranked Muslim in Govt After Earlier GOP Block
• The Senate on Thursday confirmed Dilawar Syed as deputy administrator [Full Story]
• Former AG Barr: Dem Rep. Raskin Spread Disinformation
• House Oversight Committee ranking member Jamie Raskin, D-Md., spread [Full Story] | video
• Tuberville: Space Command Wants HQ in Ala.
• Tommy Tuberville, R-Ala., has taken the ongoing debate over [Full Story]
• Jordan Says FTC’s Actions Against Twitter Political
• The Federal Trade Commission and its chairwoman, Lina Khan, delayed [Full Story]
• GOP Gov. Reeves Calls Out Newsom for Gun Debate
• California Democrat Gov. Gavin Newsom is leading a charge for a 28th [Full Story]
• Joran Van Der Sloot Arrives in US to Face Charges
• Joran van der Sloot, the chief suspect in the 2005 disappearance of [Full Story]
• Schumer Seeks More US Help to Battle Canada Fires
• Senate Majority Leader Chuck Schumer on Thursday pressed for [Full Story]
• US Suspends All Ethiopia Food Aid as Probe Finds ‘Widespread’ Theft
• The United States Agency for International Development said Thursday [Full Story]
• More Newsfront
• Finance
• ‘Aspirational’ Shoppers Spend Less on Fashion, Jewelry
• A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new sources of revenue and, in some cases, to shift their merchandise strategies, several retailers said…. [Full Story]
• 57%: After Debt Ceiling Deal, Congress Should Cut More
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2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

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Updated

• • • NOTE 1: The 3rd chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, production, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

Department of Energy Publishes ‘Unacceptable’ Manufactured Housing Energy Rule Extension, MHI Remarks, Ex-MHI and MHARR’s Danny Ghorbani Offers Focused Praise – plus MHVille Stocks, REITs Updates