Compared to the National Trend

In October 2022, 8,694 new manufactured homes were produced, a decrease of 687 homes or 7.3 percent compared to September 2022, and a decrease of 560 homes or 6.1 percent compared to October 2021. MHI's Monthly Economic Report includes numbers for both manufactured home production and shipments. The difference between the two is attributed to the number of homes that have been produced, but their destinations are pending. There were 21 FEMA designated units produced in October 2022.

The number of plants reporting production in October 2022 was 145 and the number of active corporations was 36, one more plant and one more corporation compared to the prior month.

In October 2022, 8,685 new manufactured homes were shipped, a decrease of 678 homes or 7.2 percent compared to September 2022, and a decrease of 562 homes or 6.1 percent compared to October 2021. Compared with the same month last year, shipments of both single-section and multi- section homes were down, by 0.5 percent and 10.2 percent, respectively. Total floors shipped in October 2022 were 13,478, a decrease of 1,144 floors or 7.8 percent compared with the same month last year.

The seasonally adjusted annual rate (SAAR) of shipments was 98,907 in October 2022, down 7.2 percent compared to the adjusted rate of 109,594 in September 2022. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

Cumulative shipments from January through October this year totaled 98,456 homes compared with 88,685 homes for the same ten months of 2021, a net increase of 11.0 percent.