January 2024 Manufactured Home Production Begins to Show Positive Movement
JANUARY 2024 PRODUCTION BEGINS TO SHOW POSITIVE MOVEMENT
Washington, D.C., March 4, 2024 – 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 increased in January 2024. Just-released statistics indicate that HUD Code manufacturers produced 7,475 new homes in January 2024, a 7.5% increase from the 6,951 new HUD Code homes produced in January 2023.
A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current reporting year (2024) and prior year (2023) shipments per category as indicated — are:
The January 2024 statistics move Tennessee into the 10th spot on the top-ten shipment state list.
Production in January 2024, consequently, shows a year-over-year improvement as compared with January 2023, which had a whopping decrease of 23.6% from January 2022. Hopefully, this improvement will continue going forward in 2024. MHARR will continue to monitor monthly production activity and advise industry members and consumers accordingly.
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.
JANUARY 2024 PRODUCTION BEGINS TO SHOW POSITIVE MOVEMENT
Washington, D.C., March 4, 2024 – 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 increased in January 2024. Just-released statistics indicate that HUD Code manufacturers produced 7,475 new homes in January 2024, a 7.5% increase from the 6,951 new HUD Code homes produced in January 2023.
A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current reporting year (2024) and prior year (2023) shipments per category as indicated — are:
The January 2024 statistics move Tennessee into the 10th spot on the top-ten shipment state list.
Production in January 2024, consequently, shows a year-over-year improvement as compared with January 2023, which had a whopping decrease of 23.6% from January 2022. Hopefully, this improvement will continue going forward in 2024. MHARR will continue to monitor monthly production activity and advise industry members and consumers accordingly.
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.
