Manufactured Home Shipments, State by State Breakdown, May 2018 Official HUD Data

NewManufacturedHomeShipmentDataStateByStateMay2018OfficialHUDManufacturedHousingDataDailyBusinessNewsMHProNews

The Institute for Building Technology and Safety (IBTS) compiles data for the U.S. Department of Housing and Urban Development (HUD) on manufactured home shipments.

 

For May of 2018, the new HUD Code manufactured home shipments by state, is as shown below, per IBTS.

ManufacturedHomeIndustryShipmentReportByStateMay2018DailyBusinessNewsMHProNews598x1505

Notice those shipments to Hawaii?

There were almost as many shipments to Hawaii as to Rhode Island, and more to the island-state than were shipped into Alaska.

The data should be considered against the following backdrops.

MobileHomeShipmentsManufacturedHomeShipmentChartMHIAShipmentsMHIndustryChampionSkylineHUDCodeDailyBusinessNewsMHProNews
What was accomplished previously in sustainable shipment levels, can clearly be done again.

Trading Economics includes the following factoids.

The volatile multi-family segment jumped 11.3 percent to 404 thousand and single-family starts, the largest segment of the market, went up 3.9 percent to 936 thousand. Overall, housing starts surged in the Midwest (62.2 percent to 266 thousand) but fell in the South (-0.9 percent to 653 thousand), the West (-4.1 percent to 329 thousand) and the Northeast (-15 percent to 102 thousand).”

USHousingStarts2008-May2018TradingEconomicsManufacturedHousingIndustryDailyBusinessNewsMHProNews
They also said, “Building permits fell 4.6 percent to a seasonally adjusted annual rate of 1,301 thousand, while markets were expecting a smaller 1.4 percent drop to 1,350 thousand. Multi-family authorizations declined 8.8 percent to 457 thousand and single-family permits went down 2.2 percent to 844 thousand. Overall, building permits fell in the South (-13.9 percent to 626 thousand) and in the West (-4.6 percent to 331 thousand) but jumped in the Midwest (7.2 percent to 209 thousand) and the Northeast (42.1 percent to 135 thousand),” per Trading Economics.

USHousingStartsPre1969-May2018TradingEconomicsManufacturedHousingIndsutryDailyBusinessNewsMHProNews

Yesterday’s deep dive into the report shown below demonstrated the quality and respect that third party researchers have shown for years to modern manufactured homes.

“Why Advocates Need to Rethink Manufactured Home Quality,” Harvard, GSE, Genz, “High Satisfaction”

Yet, the industry is recovering slowly.  Why?  Once more, the article linked above suggests several arguable reasons.

There are millions of new housing units that will be needed as the population grows.

The National Association of Realtors, among others, have said that 8.3 million housing units are needed.

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding
Collage by MHProNews.

Softbank is investing hundreds of millions of dollars into modular start-up, Katerra.

Billion Dollar Startup Modular Builder, Using Robotics, Could Soon Rival Clayton Homes’ Total Sales

With hundreds of billions in capital money for industry growth is available, for long-term thinkers.

Billions in American Cash Flowing Back to U.S., Repartition Yields Capital for Manufactured Housing or Other Projects

There is a growing groundswell for change, as exemplified by the new national association that was recently announced.

New Manufactured Home Industry National Association Related Statements

The recent Harvard study mentions manufactured and modular homes too.  The data reveals the reality that there is considerable runway for growth, for long-term doers. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party images, content are provided under fair use guidelines.)

Related Reports:

HUD Code Manufactured Home Production Report, May 2018, State-by-State Total

Wheat, Chaff, and the Monday Morning Manufactured Housing Sales, Marketing Meeting

 

Achieving the American Dream, with Quality, Appealing, Affordable Home Ownership – manufacturedhomelivingnews.com

Achieving American Dream, Quality, Appealing, Affordable Home Ownership, Independence Day, manufactured homes, not mobile homes, not trailer house, MHLivingNews,

 

Manufactured Housing Program Review Addressed by HUD Secretary Carson during Oversight Hearing

 

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

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