Washington, D.C., February 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, per official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during December 2016.
These just-released statistics indicate that HUD Code manufacturers produced 6,995 homes in December 2016, a 23.6 percent increase over the 5,657 HUD Code homes produced during December 2015.
Cumulative industry production for 2016 was 81,136 homes, a 15 percent increase over the 70,544 HUD Code homes produced during 2015.
MHARR has provided cumulative annual industry production figures since 2008 for reference:
- 2008 – 81,457 homes
- 2009 – 49,683 homes
- 2010 – 50,056 homes
- 2011 – 51,618 homes
- 2012 – 54,881 homes
- 2013 – 60,228 homes
- 2014 – 64,334 homes
- 2015 – 70,544 homes
- 2016 – 81,136 homes
MHARR’s analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through December 2016 — with cumulative, monthly, current year (2016) and prior year (2015) shipments per category as indicated, are as follows:
The latest information for December 2016 results in no changes to the cumulative top ten list.
MHARR says that while continued growth in manufactured housing production levels since 2010 is encouraging, given the high and growing demand in the United States for affordable housing and home ownership and other factors, annual production levels should be in the hundreds of thousands of homes.
The full report is linked here.
For the MHProNews preview of the HUD housing numbers, click here.
The Daily Business News also recently covered MHARR’s statement that President Donald Trump’s regulatory orders will have a direct impact on manufactured housing. That report is here. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
