Newsline

Monthly Numbers Jump, Yearly Numbers Level Off

December 24, 2007
/ Print / Reprints /
ShareMore
/ Text Size+

ARLINGTON, Va. - Air conditioning and heat pump sales are beginning to balance out after a slower start in 2007. The 13 SEER transition and related events may have artificially pumped up the industry and subsequently artificially deflated it as well. Consequently, industry numbers are returning to a normal level, as evidenced in the year-to-date combined U.S. factory shipment numbers reporting a 10 percent drop from the same period last year, totaling 5.7 million units.

In spite of the leveling off of the numbers, October’s shipments jumped 9 percent from October 2006, totaling 393,652. According to the Air-Conditioning and Refrigeration Institute (ARI), heat pump shipments for October were also down. Dropping 4 percent as compared with October 2006, the units totaled 117,224. Year-to-date heat pump shipments are down 11 percent from the same period last year, totaling 1,661,484.

October’s construction numbers sent mixed messages as well. In the residential construction category, housing starts increased 3 percent from Sept. 2007.

According to Ken Simonson, chief economist for the Associated General Contractors of America (AGC), this gain partially recuperated the 11 percent drop from August to September of this year, however, it still left yearly totals 16 percent below Oct. 2006 levels. Building permits, one of the near-term future starts indicators, fell 6.6 percent for the month of October and 24 percent as compared to Oct. 2006. Due to the slowing building market, copper and brass mill shapes dropped 0.5 percent for the month of October, and 2.2 percent as compared to the same time last year.

For more information, visit www.ari.org or www.agc.org.

Publication date: 12/24/2007

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 SMACNA Annual Convention

Views from the 2014 SMACNA Annual Convention in San Antonio.

Podcasts

NEWSMakers: Chris Mathis

Chris Mathis, president of Mathis Consulting Co. and vice chair of ASHRAE’s residential ad hoc committee, talks about ASHRAE’s exploration into the residential market. Posted on Oct. 17.

More Podcasts

ACHRNEWS

NEWS 10-27-14 cover

2014 October 27

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

EFFICIENCY STANDARDS

DOE has denied AHRI’s petition for reconsideration of walk-in standards. Is it getting harder to reach consensus on efficiency standards?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con