4,780 New HUD-Code Homes Shipped in February 2015
In February 2015, 4,780 new manufactured homes were shipped, an increase of 9.7 percent from February 2014. The trend reflected gains across the board, with shipments of single section and multi-section homes up by 13.6 percent and 6.1 percent respectively, compared with the same month last year. Total floors shipped in February 2015 were 7,263 an increase of 8.3 percent compared with February 2014.
Compared with the prior year, 2015 recorded shipment increases in January and February. For the first two months of this year, shipments totaled 9,722 homes compared with 8,668 homes in 2014, a net increase of 12.2 percent.
The seasonally adjusted annual rate (SAAR) of shipments was 67,398 in February 2015, down 4.9 percent from the adjusted rate of 70,837 in January 2015. 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 2015 was 121 and the number of active corporations was 38, both unchanged from the previous month.
MHI members can click here to access the February 2015 report.