MHI’s Monthly Economic Report, July 2011

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Manufactured home shipments for July 2011 were 3,679 new homes, down 13.6 percent from July 2010. Decreases were across the board with both single-section and multi-section homes shipments down compared with the same month last year.

Compared with 2010, this year has seen declines in all of the seven months so far. Industry shipments for the year-to-date stand at 26,828 homes compared with 30,659 homes in the previous year, a net decrease of 12.5 percent.

The seasonally adjusted annual rate (SAAR) of shipments was 44,285 in July, down 16.8 percent from the rate of 53,233 in June 2011. The SAAR corrects for normal seasonal variations in shipments and projects annual shipments based on the current monthly total. Total floors shipped in July 2011 were 5,789, down 15.2 percent from the same month in 2010.

The number of plants reporting production in July was 123 and the number of corporations was 45, both unchanged from the prior month. click here

 

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