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HUD Code Manufactured Home Production Double-Digit Growth, February Report

April 5th, 2017
mharr-hud-manufacturedhousingmonthlyproductionreport-manufacturedhousingindustryshipmentsdailybusinessnewsmhpronews

Credits: MHARR, HUD.

Washington, D.C., April 4, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during February 2017.

These just-released statistics indicate that HUD Code manufacturers produced 7,312 homes in February 2017, a 19.3 percent increase over the 6,129 HUD Code homes produced during February 2016. Cumulative industry production for 2017 now totals 15,139 homes, a 26.2 percent increase over the 11,991 HUD Code homes produced over the same period in 2016.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through February 2017 — with cumulative, monthly, current year (2017) and prior year (2016) shipments per category as indicated — are:

HUDCodeManufacturedHomeProductionDoubleDigitGrowthFebruaryReportcreditMHARR-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: MHARR.

The latest information for February 2017 results in no changes to the cumulative top ten list.

MHARR recently released its first edition of “Issues and Perspectives,” a newsletter that focuses on items relevant to the manufactured housing industry.M.Mark.WeissJDPresidentCEOMHARRManufacturedHousingAssociationforRegulatorReform-creditManufacturedHousingIndustryDailyBusinessNewsMHProNews

The edition of the newsletter addressed the need for manufactured housing to remain federally regulated, with MHARR President & CEO Mark Weiss stating, “In the natural world, the telltale scent of decay inevitably attracts predators and opportunists. Apparently, it’s no different with the decay of the HUD manufactured housing program over the past decade, and particularly over the past three years.

With the program in a steep decline under its present Administrator, talk has once again emerged about ‘sunsetting’ the program at HUD, along with its federally preemptive building code, removing this expenditure from the federal budget.”

 

For more from MHARR on the newsletter, click here. ##

 

(Image credits are as shown above.)

 

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.


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