WESTPORT, Conn. — HVACR manufacturers are feeling optimistic about improving economic business prospects, according to a recent ASHRAE/AHR Expo survey sent to more than 1,000 HVACR manufacturers worldwide. According to the survey, 79 percent of respondents said their prospects were either excellent (19 percent) or good (60 percent) for the coming year. The remaining 21 percent suggested their prospects were fair.
The results of the survey reflect a “significant improvement” over last year’s survey, which found 70 percent of participants expected the economy to be better in 2013 than 2012, while 3 percent predicted it would be worse. No one responding to this year’s survey felt economic prospects would worsen in 2014.