Newsline

Distributors Report Strong July Sales

COLUMBUS, Ohio - Heating, Airconditioning, and Refrigeration Distributors International (HARDI) announced North American HVACR distributor sales for the month of July 2010 were up over 13 percent from last year. HARDI released the July numbers in its monthly Targeted and Regional Economic News for Distribution Strategies (TRENDS) Report. According to HARDI, this marks the fifth consecutive month in which overall distributor sales were up from the previous year; however, running 12 month sales still failed to push into the positive.

All but two of the seven U.S. regions tracked by HARDI were up in July. Three regions exceeded 18 percent growth. Canada continued its strong run and maintained the highest running 12 month growth among all HARDI regions.

However, economists from the Institute for Trend Research (ITR), which compiles the TRENDS reports for HARDI, cautioned against viewing July’s strong sales with over-enthusiasm. ITR’s Andrew Duguay said, “Looking at the commercial construction data (that we use in the quarterly reports) for July shows that July 2010 commercial construction spending in the Southwest region came in 42.6 percent below July 2009, the worst year-over-year change among the seven U.S. regions in July.”

Alan Beaulieu of ITR added, “HARDI members have reasons to be optimistic, but it is good to remember that this will be a long, slow recovery in the new housing construction market. Consumer activity for home repairs and maintenance will be a crucial area of focus. Spending on home improvement construction in the latest quarter is 16.2 percent ahead of this time last year, no doubt fueling much of the gains for HARDI members.”

Publication date: 09/27/2010

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

2015 HARDI Fly-In

Highlights from HARDI's Congressional Fly-In in Washington, D.C. Post date: May 28, 2015.

Podcasts

NEWSMakers: Clint Schreck

Clint Schreck, general manager, Columbus Worthington Air, Columbus, Ohio, discusses winning Angie’s List Super Service Award, how to handle online reviews, and much more.

More Podcasts

ACHRNEWS

NEWS 06-01-15 cover

2015 June 1

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

HYDROCARBON REFRIGERANTS

The EPA has approved several hydrocarbon (HC) refrigerants for HVACR applications. Do you support the use of HCs?
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