This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

10 Industries On Life Support

Manufactured-home dealers
Manufactured-home dealers stand out from all industries in IBISWorld's database, van Beek says, for having some of the steepest declines.

"The coming forecast period is demonstrating no signs of anything positive," he says.

This industry saw a 73.7% revenue decline since 2000, according to IBISWorld. It is forecast to see its revenue, now about $4.5 billion, drop another 62% by 2016.

Multiple pressures are hurting this industry and, in turn, companies such as Berkshire Hathaway subsidiary Clayton Homes. Demand is dwindling, sustaining profit is very difficult and there has been stagnation.

"It hasn't really just been the past few years that they have declined," van Beek says. "It has been many years now. They are quite possibly the hardest hit of all. The industry has just been getting smaller and smaller each year because demand has been dwindling."

"During the past decade, operators have experienced very little product change," the IBISWorld report says, singling out a self-induced factor for the decline. "Manufacturers have made cosmetic changes to manufactured homes, but they have not been significant enough to alter their life cycle stage."

"The industry just hasn't been able to evolve and is ultimately dying a slow death," van Beek says.

>To submit a news tip, email: tips@thestreet.com.

E-Mail This Article to a Friend >>

RELATED STORIES:



Follow TheStreet.com on Twitter and become a fan on Facebook.

8 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs