4,504 New HUD-Code Homes Shipped in
March 2013 – Down 4.1 Percent from March 2012

MHI’s Monthly Economic Report© for March 2013 is now available.

In March 2013, 4,504 new manufactured homes were shipped, down 4.1 percent from March 2012. Shipments by housing type moved in opposite directions with single section homes down 9.9 percent compared with the same month last year while shipments of the multi-section homes improved by 1.6 percent. Total floors shipped in March 2013 were 6,976, a decrease of 2.2 percent compared with March 2012.

In comparison with 2012, 2013 registered an increase in January shipments followed by a decline in February and March. For the first three months of this year, shipments totaled 12,811 homes compared with 12,780 homes in 2012, a net increase of 0.2 percent.

The seasonally adjusted annual rate (SAAR) of shipments was 56,119 in March 2013, down 7.5 percent from the adjusted rate of 60,650 in February 2013. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

The number of plants reporting production in March 2013 was 122, unchanged from the prior month and the number of active corporations was 46, up two from February 2013.