Manufactured home shipments for January moved up 19.5% from December to land at 1,267 homes shipped. Increased days of production over December usually account for the rise in shipments, so the year-over-year comparison tends to be more meaningful. However, January of 2018 marked the last month of 100+ single-section homes being shipped in from out of state as part of the Hurricane Harvey relief effort so the -21.7% decline is skewed by that event. There were still some FEMA units coming into the state in February of 2018, but I expect the year-over-year comparisons to be much less distorted next month, and without any large FEMA impact by March.
Multi-section shipments have been in lock-step with single-section shipments since last June, and actually came in higher than single-section shipments this month at 642 homes shipped. That was an increase of 14.4% over last January and up a full 32.9% when compared to January of 2017.
You can see the surge in single-section homes as part of the FEMA relief effort in the first chart below, and then how tightly multi and single-section shipments have been tracking for the last eight months.
|Total for January:||625||642||1,267|
|Change from December:||18.8%||20.2%||19.5%|
|Change from January of 2018:||-40.9%||14.4%||-21.7%|
|Change from 2018 (Units):||-432||81||-351|