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Newly Published Regional State Data Reflects Gainers, Losers in New Manufactured Homes Shipped

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Tips from members of the Manufactured Housing Association of Oklahoma (MHAO) members provided the data their state association produced.

The graphic below summarized MHAO’s calculations of what the states of AR, KS, LA, MO, NM, OK, and TX shipped in February 2019 vs 2018, and a Year over Year (YoY) totals.

February2019ManufacturedHousingAssocOklahomaMHAODailyBusinessNewsMHProNews_001

 

Here’s the data that MHAO provided that summarized national trends.

In February 2019, 7,241 new manufactured homes were shipped, a decrease of 820 homes or 10.2 percent compared to February 2018.

Compared with the same month last year, shipments of single-section homes were down 15 percent while shipments of multisection homes were down 5.6 percent.

Total floors shipped in February 2019 were 11,206, a decrease of 8.7 percent compared with February 2018. The seasonally adjusted annual rate (SAAR) of shipments was 92,195 in February 2019, up 4.2 percent from the adjusted rate of 88,461 in January 2019.

The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total. The number of plants reporting production in February 2019 was 134 and the number of active corporations was 34, the same number of plants and one fewer active corporation compared to January 2019.

Cumulative shipments from January through February this year totaled 14,734 homes compared with 16,707 homes for the same 2-month period in 2018, a net decrease of 11.8 percent.”

The Daily Business News on MHProNews editorially notes that sources in other parts of the U.S. are providing a similarly mixed review.  One midwestern source suggests that they expect their shipments to show an improvement when March data is released.  That will either be confirmed or corrected soon, perhaps by this weekend.

Another state source – both of these are top 10 states in shipments – indicate that shipments improved March over February but will still be down year over year.

These ought to be alarms for so-called leaders in Arlington, VA who have reported the data, but have failed to say what steps they plan to correct what is already 6 months of declining YoY production and sales.

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How is that possible during an affordable housing crisis?

That’s tonight’s final edition of “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

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