February 2018 Shipment Report

February shipments were down -11.4% over January due to a large -23.6% drop in single-section shipments month-over-month. Texas plants shipped -17.8% less single-section homes and shipments from out of state came down -75.5% for single units.

The decline in single-section homes most likely stems from a decline in MHU deliveries for Hurricane Harvey relief. Currently 71% of the assigned applicants with direct housing needs are no longer waiting for relief. Applicants no longer in need either received housing from the state or found other housing solutions on their own.

Multi-section shipments saw an 11.4% gain over January and both single and multi-section shipments were up over February 2017 with the total market shipping 13.5% more homes. February of 2017 was no down month, either, so while the market may have slightly cooled from post-Harvey overdrive, it is still doing very well.

The fundamentals for the Texas economy are also starting 2018 strong, with the Federal Reserve reporting job growth, low unemployment, and continued low housing inventory through February.

View the Annual Manufacturer Shipment Report.