HUD Code Manufactured Housing Production Decline Worsens in January 2023
Washington, D.C., March 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 declined once again in January 2023. Just-released statistics indicate that HUD Code manufacturers produced 6,951 homes in January 2023, a 23.6% decrease from the 9,110 new HUD Code homes produced in January 2022.
With this report, MHARR is updating and slightly revising the format of its monthly top-ten shipment state data. Previous reports in this series included cumulative shipment statistics dating back to the beginning of the industry production rebound in August 2011. Beginning with this report, and with more than a decade having now passed since that watershed point, MHARR will re-start the cumulative shipment data to better reflect current and continuing trends in 2023 and beyond. Accordingly, 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:
With monthly year-over-year production declines having been recorded during all three months of the Fourth Quarter of 2022, this latest data now confirms four consecutive months of progressively worsening year-over-year production/shipment declines, at a time when the need for affordable housing and homeownership stands at record levels. As MHARR’s February 23, 2023 Memorandum, entitled “Latest Wake-Up Calls for the Industry on Consumer Financing and Discriminatory Zoning” indicates, the industry, and especially its supposed national post-production representation, cannot continue to pursue what amounts to a passive, ineffective stance when these two major elements continue to needlessly and drastically suppress industry growth and progress.
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., March 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 declined once again in January 2023. Just-released statistics indicate that HUD Code manufacturers produced 6,951 homes in January 2023, a 23.6% decrease from the 9,110 new HUD Code homes produced in January 2022.
With this report, MHARR is updating and slightly revising the format of its monthly top-ten shipment state data. Previous reports in this series included cumulative shipment statistics dating back to the beginning of the industry production rebound in August 2011. Beginning with this report, and with more than a decade having now passed since that watershed point, MHARR will re-start the cumulative shipment data to better reflect current and continuing trends in 2023 and beyond. Accordingly, 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:
With monthly year-over-year production declines having been recorded during all three months of the Fourth Quarter of 2022, this latest data now confirms four consecutive months of progressively worsening year-over-year production/shipment declines, at a time when the need for affordable housing and homeownership stands at record levels. As MHARR’s February 23, 2023 Memorandum, entitled “Latest Wake-Up Calls for the Industry on Consumer Financing and Discriminatory Zoning” indicates, the industry, and especially its supposed national post-production representation, cannot continue to pursue what amounts to a passive, ineffective stance when these two major elements continue to needlessly and drastically suppress industry growth and progress.
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.
