Manufactured Homes Shipments decline in June 2011 to 5,024

Manufactured_Homes_ready_to_ship_Wikimedia_Commons_Posted_MHMSM.com_MHProNews.comMHI reports 5,024 new homes shipped in June 2011, down 7.5 percent from June 2010. Multi-section homes shipments were down compared with the same month last year.  Single section homes shipments showed an increase. 2011 has seen declines in all of the six months compared to the same period in 2010. Industry shipments for the year-to-date stand at 23,149 homes compared with 26,402 homes in the previous year, a net decrease of 12.3 percent. The seasonally adjusted annual rate (SAAR) of shipments was 53,233 in June, up 7.8 percent from the rate of 49,397 in May 2011. The SAAR corrects for normal seasonal variations in shipments and projects annual shipments based on the current monthly total.  Total floors shipped in June 2011 were 7,866, down 10.5 percent from the same month in 2010. The number of plants reporting production in June was 123 and the number of corporations was 45, both unchanged from the prior month.
(file photo courtesy Wikimedia Commons)
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