Alarming Year-Over-Year Manufactured Home Production Declines Continue
Washington, D.C., July 3, 2023 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production has declined once again in May 2023. Just-released statistics indicate that HUD Code manufacturers produced 7,869 new homes in May 2023, a 28.1% decline from the 10,451 new HUD Code homes produced in May 2022. Cumulative production for 2023 is now 35,719 homes, a 33.8% decrease from the 50,286 homes produced over the same period during 2022.
A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current year (2023) and prior year (2022) shipments per category as indicated — are:
The production statistics for May 2023 yield multiple changes to the new cumulative index, moving Michigan and Louisiana into 6th and 8th place respectively.
The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-
based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.
Washington, D.C., July 3, 2023 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production has declined once again in May 2023. Just-released statistics indicate that HUD Code manufacturers produced 7,869 new homes in May 2023, a 28.1% decline from the 10,451 new HUD Code homes produced in May 2022. Cumulative production for 2023 is now 35,719 homes, a 33.8% decrease from the 50,286 homes produced over the same period during 2022.
A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current year (2023) and prior year (2022) shipments per category as indicated — are:
The production statistics for May 2023 yield multiple changes to the new cumulative index, moving Michigan and Louisiana into 6th and 8th place respectively.
The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-
based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.
