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HARDI Distributors Report 19.2% Percent Revenue Decline in April

Last week we released our monthly TRENDS report, showing the average sales performance by HARDI distributors was a decrease of 19.2% percent during April 2020. The average annual sales growth for the 12 months through April 2020 is 1.3 percent. “April’s decline reflected the COVID-19 disruptions with sales declines of 40% to 50% in the hot zones of the Northeast and Mid-Atlantic regions,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. “The decline is… Read More

AHRI Releases March 2019 U.S. Heating and Cooling Equipment Shipment Data

The full March 2020 Statistical Release with color graphs is available here. Residential Storage Water Heaters U.S. shipments of residential gas storage water heaters for March 2020 increased 7.6 percent, to 416,504 units, up from 387,118 units shipped in March 2019. Residential electric storage water heater shipments increased 11.9 percent in March 2020 to 401,348 units, up from 358,666 units shipped in March 2019. Year-to-date U.S. shipments of residential gas storage… Read More

HARDI Distributors Report 3.7% Percent Revenue Growth in March

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 3.7% percent during March 2020. The average annual sales growth for the 12 months through March 2020 is 4.1 percent. “March was a confusing month because the historic surge of initial unemployment claims began during the week of the sixteenth, the growth for the month looks weak in a couple… Read More

AHRI Releases February 2019 U.S. Heating and Cooling Equipment Shipment Data

The full February 2020 Statistical Release with color graphs is available here. Residential Storage Water Heaters U.S. shipments of residential gas storage water heaters for February 2020 increased 1.1 percent, to 361,357 units, up from 357,390 units shipped in February 2019. Residential electric storage water heater shipments increased 13 percent in February 2020 to 379,599 units, up from 335,993 units shipped in February 2019. Year-to-date U.S. shipments of residential gas storage… Read More

HARDI Distributors Report -0.1% Percent Revenue Decline in February

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was a decline of -0.1% percent during February 2020. The average annual sales growth for the 12 months through February 2020 is 4.0 percent. “Generally February has not been indicative of the year ahead because it is a short month and at the end of the season,” said HARDI Market Research & Benchmarking Analyst Brian… Read More

AHRI Releases January 2019 U.S. Heating and Cooling Equipment Shipment Data

The full January 2020 Statistical Release with color graphs is available here. Residential Storage Water Heaters U.S. shipments of residential gas storage water heaters for January 2020 decreased 11.3 percent to 384,213 units, down from 433,264 units shipped in January 2019. Residential electric storage water heater shipment saw a 4.8 percent decrease in January 2020 to 386,291 units, down from 405,928 units shipped in January 2019. Commercial Storage Water Heaters Commercial… Read More