Compared to the National Trend

In July 2023, 6,144 new manufactured homes were shipped, a decrease of 2,035 homes or 24.9 percent compared to June 2023, and a decrease of 1,899 homes or 23.6 percent compared to July 2022. Compared with the same month last year, shipments of both single-section and multi-section homes were down by 15.5 percent and 30.2 percent, respectively. Total floors shipped in July 2023 were 9,348, a decrease of 3,296 floors or 26.1 percent compared with the same month last year.

The seasonally adjusted annual rate (SAAR) of shipments was 88,920 in July 2023, down 0.7 percent compared to the adjusted rate of 89,521 in June 2023. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

Cumulative shipments through July this year totaled 50,037 homes compared with 69,693 homes for the same seven months of 2022, a net decrease of 28.2 percent.

In July 2023, 6,134 new manufactured homes were produced, a decrease of 2,035 homes or 24.9 percent compared to June 2023, and a decrease of 1,916 homes or 23.8 percent compared to July 2022. 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. Of the homes produced, 228 were FEMA designated units for Alabama.

The number of plants reporting production in July 2023 was 145 and the number of active corporations was 34, the same number of plants and corporations as in the prior month.