ARLINGTON, VA - Manufactured home shipments rose 42.1 percent in January 2012, says the Manufactured Housing Institute.
A total 3,945 new homes shipped, up 42.1 percent from January 2011. The figure reflects homes built to HUD code - a standard established when the U.S. Congress passed the National Manufactured Housing Construction and Safety Standards Act of 1974.
MHI says increases of both single-section and multisection homes rose compared with the same month last year. Single section homes accounted for the largest portion of the increase: up 53.9 percent compared with January 2011 figures.
The seasonally adjusted annual rate of shipments, which adjusts for seasonal fluctuations and projects annual shipments, was 61,802 in January 2012, up 6 percent from December 2011. The Census Bureau reported 51,600 shipments of new manufactured homes in 2011.
Results are drawn from 45 home manufacturers operating 121 plants, reports the MHI.
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