4,650 New HUD Code Homes Shipped in
April 2012 – Up 17.6 Percent from April 2011
MHI’s Monthly Economic Report© for April 2012 is now available.
In the month of April 2012, 4,650 new manufactured homes were shipped, up 17.6 percent from April 2011. Increases were across the board with shipments of both single-section and multisection homes up compared with the same month last year. As with the first three months of 2012, single section homes accounted for the largest portion of the increase, with shipments up 23.4 percent compared with the April 2011 figure.
Compared with the prior year, 2012 has recorded shipment increases every month so far. For the first four months of this year, shipments totaled 17,430 homes compared with 13,650 homes in 2011, a net increase of 27.7 percent.
The seasonally adjusted annual rate (SAAR) of shipments was 52,642 in April 2012, down 8.1 percent from the rate of 57,268 in March 2012. The SAAR corrects for normal seasonal variations in shipments and projects annual shipments based on the current monthly total.
A total of 7,124 floors were shipped in the month, an increase of 16.1 percent over April 2011. The number of plants reporting production in April was 123, one up from the number in March, and the number of corporations was 45, one down from the number in the prior month.
Click here to access the April 2012 report.