5,608 New HUD-Code Homes Shipped in March 2015
In March 2015, 5,608 new manufactured homes were shipped, an increase of 14.3 percent from March 2014. The trend reflected gains across the board, with shipments of single section and multi-section homes up by 17.9 percent and 11.0 percent respectively, compared with the same month last year. Total floors shipped in March 2015 were 8,552 an increase of 13.0 percent compared with March 2014.
Compared with the prior year, 2015 recorded shipment increases in every month. For the first three months of this year, shipments totaled 15,330 homes compared with 13,576 homes in 2014, a net increase of 12.9 percent.
The seasonally adjusted annual rate (SAAR) of shipments was 68,509 in March 2015, up 1.6 percent from the adjusted rate of 67,398 in February 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 March 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 March 2015 report.