5,197 New HUD Code Homes Shipped in
May 2012 – Up 16.1 Percent from May 2011
MHI’s Monthly Economic Report© for May 2012 is now available.
In May 2012, 5,197 new manufactured homes were shipped, up 16.1 percent from May 2011. Increases were across the board with shipments of both single-section and multi-section homes up compared with the same month last year.
Compared with the prior year, 2012 has recorded shipment increases in every month. For the January through May period, 2012 shipments totaled 22,627 homes compared with 18,125 homes in 2011, a net increase of 24.8 percent. A total of 8,032 floors were shipped in the month, an increase of 16.9 percent over May 2011.
The seasonally adjusted annual rate (SAAR) of shipments was 55,982 in May 2012, up 6.3 percent from the rate of 52,642 in April 2012. The SAAR corrects for normal seasonal variations in shipments and projects annual shipments based on the current monthly total.
The number of plants reporting production in May was 122, one down from the number in April, and the number of active corporations was 45, unchanged from the prior month.
Click here to access the May 2012 report.