MHI May 2019 - Economic Report
MHI Economic Report shows 8,601 New HUD Code Homes Shipped in May
In May 2019, new manufactured home shipments were essentially flat with a modest decrease of 1.9% to 8,601 homes as compared to the 8,769 homes shipped in May 2018. Total shipments for May 2019 were 615 homes more than the prior month of April. Compared with May 2018, shipments of single-section homes are down by 1.6% and multi-section homes are down by 2.2%. Total floors shipped in May 2019 decreased 2.1% to 13,318 compared to May 2018.
Of the 8,601 homes shipped in May, there were no homes designated as FEMA units shipped which is the same as May 2018.
The seasonally adjusted annual rate (SAAR) of shipments was 95,151 in May, up 1.9% from the adjusted rate of 93,411 in April. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.
In May, 136 plants representing 34 corporations reported production data which is the same as April 2019.
Media Contact : Logan Hanes