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TX Manufactured Housing Sector Rebounds
August was a successful month for Texas’ manufactured housing industry with substantial increases in production and sales, according to the latest Texas Manufactured Housing Survey.
Labor constraints relaxed as the rate of contracted COVID-19 cases flattened after spiking in July. Supply disruptions, though, continued to contribute to increased backlogs.
“Through July, Texas manufactured housing-plant production was down 9% from pre-pandemic levels,” said Rob Ripperda, VP of operations for the Texas Manufactured Housing Association (TMHA). “But factories continue to see increased orders and are staffing up to get those run rates back to where they were.”
Although there’s still a heightened level of uncertainty as manufacturers juggle changes in public-health protocol and the regulatory environment, these concerns didn’t curb respondents’ optimism regarding business activity and the overall outlook in the second half of 2020.
The monthly survey is produced by the Real Estate Center at Texas A&M University and the TMHA.
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- ◦Economy