In September 2023, 7,955 new manufactured homes were produced, a decrease of 715 homes or 8.2 percent compared to August 2023, and a decrease of 1,426 homes or 15.2 percent compared to September 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, 243 were FEMA designated units; 242 units were shipped to Alabama and one unit was shipped to Florida.

The number of plants reporting production in September 2023 was 147 and the number of active corporations was 36, one additional plant and corporation compared to the prior month.

In September 2023, 7,952 new manufactured homes were shipped, a decrease of 709 homes or 8.2 percent compared to August 2023, and a decrease of 1,411 homes or 15.1 percent compared to September 2022. Compared with the same month last year, shipments of both single-section and multi-section homes were down by 15.5 percent and 14.7 percent, respectively. Total floors shipped in September 2023 were 12,177, a decrease of 2,164 floors or 15.1 percent compared with the same month last year.

The seasonally adjusted annual rate (SAAR) of shipments was 97,919 in September 2023, up 8.2 percent compared to the adjusted rate of 92,105 in August 2023. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

Cumulative shipments through September this year totaled 66,650 homes compared with 89,771 homes for the same three quarters of 2022, a net decrease of 25.8 percent.