MHI August 2019 - Economic Report
MHI Economic Report shows 8,631 New HUD Code Homes Shipped in August
In August 2019, new manufactured home shipments decreased 5.1% to 8,631 homes as compared to the 9,091 homes shipped in August 2018. Total shipments for August 2019 were up by 1,500 homes compared to July 2019.
Compared with August 2018, shipments of both single-section and multi-section homes were down, 7.3% and 3.2%, respectively. Total floors shipped in August 2019 decreased 4.5% to 13,533, compared to August 2018.
Of the 8,631 homes shipped in August, there were no homes designated as FEMA units shipped which is the same as August 2018.
The seasonally adjusted annual rate (SAAR) of shipments was 97,351 in August 2019, essentially flat compared to the adjusted rate of 97,333 in July 2019. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.
In August, 136 plants representing 34 corporations reported production data which is the same as July 2019.
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Media Contact : Logan Hanes