Patrick, Skyline Drop; Indexes Drift Lower

Investors stayed against the wall of the dance floor sifting through mixed economic news, including a drop of two percent in business productivity for Q4 2012 and and weekly jobless claims that came in above forecasts, sending the three indexes to the red zone. CNNMoney reports the Dow Jones Industrial Average nudged down -0.30 percent, -42.47 points, to end the day at 13,944.05. The Nasdaq lost -0.11 percent, -3.35, to close at 3,165.13, while the S&P edged down -0.18 percent, -2.73, to end at 1,509.39. The Yahoo! Finance Manufactured Housing Composite edged down -0.01 percent to close at 1382.0. Housing stocks we track closed mixed or even—those that gained saw small margins, but two fell with a slight thud. Drew Industries, Inc. gained the most of tracked stocks, moving up +1.01 percent, +0.37, to end the day at 36.86. Patrick Industries fell the most of stocks we follow, dropping -3.93 percent, -0.63, to end the day at 15.39, while Skyline Corp. fell -3.22 percent, -0.15, to finish at 4.51. Affiliated Managers Group 145.57 -0.07 (-0.05%). Cavco Industries 45.32 -0.73 (-1.57%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 146,260 -475. (-0.32%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Equity LifeStyle Properties 72.80 +0.45 (+0.62%). Louisiana Pacific Industries 20.49 +0.25 (+1.24%). Nobility Homes remained unchanged at 5.00. Sun Communities, Inc. 43.08 +0.03 (+0.07%). Third Avenue Value Fund (Feb. 6) 52.62 +0.43 (+0.82%). Universal Forest Products, Inc. 40.22. -0.19 (-0.51%). UMH 10.35 -0.09 (-0.86%).

(Graphic credit: CNNMoney and RealTick)

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