AHRI Releases February 2018 U.S. Heating and Cooling Equipment Shipment Data

Residential Storage Water Heaters U.S. shipments of residential gas storage water heaters for February 2018 increased 1.4 percent, to 378,045 units, up from 372,724 units shipped in February 2017. Residential electric storage water heater shipments increased 5.3 percent in February 2018, to 356,416 units, up from 338,410 units shipped in February 2017. Year-to-date U.S. shipments of residential gas storage water heaters increased 4.5 percent, to 765,990, compared to 732,857 shipped during that same period in… Read More

HARDI Distributors Report 12.2 Percent Revenue Increase in February

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing average sales for HARDI distributor members increased by 12.2 percent in February 2018. The average annualized growth for the 12 months through February 2018 is 6.7 percent. “Sales were light last February when it was warmer than normal in six of our seven economic regions,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. “Five of our regions experienced more heating… Read More

Construction Employment Rises in 35 States and D.C. from February 2017 to February 2018

Reported by AGC of America: Thirty-five states and the District of Columbia added construction jobs between February 2017 and February 2018, while 38 states added construction jobs between January and February, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials praised the latest Congressional spending bill for funding career and technical education to help young workers get into the industry. “The construction industry continues to… Read More

Construction Spending in February Inches Up from January, Gains 3% from a Year Ago as Private Construction Outweighs Drop in Public Projects

Reported by AGC of America: Construction spending in February inched up 0.1 percent from January and increased 3.0 percent from the February 2017 level, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that public construction dropped sharply in February and urged federal agencies to move promptly to invest recently approved funding for a variety of construction categories. “Construction spending in February was marked by healthy… Read More