Manufacturers Up, Builders Down

Byline:

Margot Crabtree, Trade Trends

Publication Date:

Wed, 2005-11-30 18:00

A Halloween rally wasn't enough to bring the major indices into positive terrain for the session ending October 31, 2005. Consumer spending rose 0.5 percent after a drop in the previous month. The Commerce Department also reported a 3.8 percent gain in the gross domestic product for the July through September quarter, growing more than expected in the wake of Hurricanes Rita and Katrina. Acquisitions also fueled the rally.

The Fed was expected to hike interest rates when they meet shortly after the close of our trading session, but analysts noted that a shift in their policies could influence the tone of the markets. "A lot of people are looking for the traditional November rally," said Rick Pendergraft, an equity trader at Schaeffer's Investment Research. "The more people look for it, the more concerned I am it won't happen. Any info not expected out of the Fed . . . could quickly halt the rally."

For the complete list of Builders' and Building Product Manufacturers' indices, visit www.housingzone.com/economics [1].

Building Product Manufacturers' Index

Exchange Symbol	Ticker Name	Company
NYSE	ASD	American Standard Companies, Inc.
NASD	AMWD	American Woodmark Corp.
NYSE	BDK	Black & Decker Corp.
NYSE	DOW	Dow Chemical Corp.
NYSE	FO	Fortune Brands, Inc.
NYSE	GE	General Electric Corp.
NYSE	GP	Georgia-Pacific Co.
NYSE	MAS	Masco Corp.
NYSE	MYG	Maytag Corp.
NYSE	MHK	Mohawk Industries, Inc.
NYSE	SHW	Sherwin-Williams Co.
NYSE	SWK	Stanley Works
NYSE	USG	USG Corp.
NYSE	WHR	Whirlpool Corp.

Builders' Index

Exchange Symbol	Ticker Name	Company
NYSE	AVB	AvalonBay Communities, Inc.
NASD	AVTR	Avatar Holdings, Inc.
NYSE	BZH	Beazer Homes USA, Inc.
NYSE	BHS	Brookfield Homes Corp.
NYSE	CPT	Camden Property Trust
AMEX	CAV	Cavalier Homes, Inc.
NASD	CVCO	Cavco Industries, Inc.
NYSE	CTX	Centex Corp.
NYSE	CHB	Champion Enterprises, Inc.
NASD	CHCI	Comstock Homebuilding Companies, Inc.
NYSE	DHI	D.R. Horton, Inc.
NASD	DHOM	Dominion Homes, Inc.
NYSE	FLE	Fleetwood Enterprises, Inc.
NYSE	HOV	Hovnanian Enterprises, Inc.
NYSE	KBH	KB Home
NYSE	LEN	Lennar Corp.
NYSE	LEV	Levitt Corp. (Levitt & Sons, LLC)
NYSE	MDC	MDC Holdings, Inc.
NYSE	MHO	M/I Homes, Inc.
NYSE	MTH	Meritage Homes Corp.
NASD	NOBH	Nobility Homes
AMEX	NVR	NVR, Inc.
AMEX	OHB	Orleans Homebuilders, Inc.
NASD	PHHM	Palm Harbor Homes, Inc.
NYSE	PHM	Pulte Homes, Inc.
NYSE	RYL	Ryland Group, Inc.
NYSE	SKY	Skyline Corp.
NYSE	JOE	St. Joe Co., The
NYSE	SPF	Standard-Pacific Corp.
NASD	TARR	Tarragon Corp.
NYSE	TOA	Technical Olympic USA, Inc.
NYSE	TOL	Toll Brothers, Inc.
NYSE	WLT	Walter Industries (Jim Walter Homes, Inc.)
NYSE	WCI	WCI Communities, Inc.
NYSE	WY	Weyerhaeuser Co. (Weyerhaeuser Real Estate Co.)
NYSE	WLS	William Lyon Homes

	Price 10/31/2005	Price 9/30/2005	Net Change	Percent Change
Product Manufacturers' Index	949.53	947.49	2.04	0.22%
Dow Jones Industrial Average	10440.07	10568.70	-128.63	-1.22%
S&P 500 Index	1207.01	1228.81	-21.80	-1.77%
NASDAQ Composite	2120.30	2151.69	-31.39	-1.46%
Gainers/Losers
$ Gainer	Dow Chemical Corp.			4.19
$ Loser	USG Corp.			-9.60
% Gainer	Dow Chemical Corp.			10.06%
% Loser	American Standard Companies, Inc.			-18.28%
	Advancers			5
	Decliners			9
Source: Trade Trends, Inc. (509) 327-1279

	Price 10/31/2005	Price 9/30/2005	Net Change	Percent Change
Builders' Index	1204.11	1321.39	-117.28	-8.88%
Dow Jones Industrial Average	10440.07	10568.70	-128.63	-1.22%
S&P 500 Index	1207.01	1228.81	-21.80	-1.77%
NASDAQ Composite	2120.30	2151.69	-31.39	-1.46%
Gainers/Losers
$ Gainer	St. Joe Co., The			3.50
$ Loser	NVR, Inc.			-199.45
% Gainer	Cavco Industries, Inc.			8.77%
% Loser	Dominion Homes, Inc.			-24.04%
	Advancers			6
	Decliners			30
Source: Trade Trends, Inc.