7,590 New HUD-Code Homes Shipped in September 2017
In September 2017, new manufactured home shipments increased 2.9% to 7,590 homes as compared to the 7,375 homes shipped in September 2016. Total shipments for September 2017 are 9.9% lower than August 2017.
Compared with September 2016, the trend shows across-the-board increases. Shipments of single-section and multi-section homes by were up 0.4% and 3.6%, respectively. Total floors shipped in September 2017 increased 3.6% to 11,694 compared to September 2016.
Shipments have increased each month this year when compared to last year. Shipments from January through September this year total 68,421 homes compared with 59,911 homes in 2016, a 14.2% net increase.
The seasonally adjusted annual rate (SAAR) of shipments was 86,495 in September 2017, down 6.7% from the adjusted rate of 92,754 in August 2017. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.
In September 2017, 130 plants for 35 corporations reported production data, unchanged from August 2017.
The full MHI Monthly Economic Report© for September 2017 is available now for members at the Institute’s website.