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MHI January 2019 - Economic Report

MHI January 2019 - Economic Report

Economic Reports

7,493 New HUD Code Homes Shipped in January

In January 2019, new manufactured home shipments decreased 13.3% to 7,493 homes as compared to the 8,646 homes shipped in January 2018. Total shipments for January 2019 were 1,509 homes more than the prior month of December. Compared with January 2018, the trend is mixed with shipments of single-section homes down by 28.4% and multi-section homes up by 5.4%. Total floors shipped in January 2019 decreased 7.7% to 11,607 compared to January 2018.

Of the 7,493 homes shipped in January, there were only 25 homes designated as FEMA units shipped which is significantly less than the 850 FEMA units in January 2018.

The seasonally adjusted annual rate (SAAR) of shipments was 88,461 in January, up 4.1% from the adjusted rate of 85,008 in December 2018. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

In January, 134 plants representing 35 corporations reported production data which is an increase of one active plant and the same number of corporations compared to December 2018.

Source: MHI Economic Report

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