The American economy is growing. The White House predicts the unemployment rate to fall below 5 percent by the end of 2016, the lowest since before the Great Recession, and foresees economic growth of 3 percent in 2015 and 2016, signifying the best performing consecutive years since 2004 and 2005, in a recent economic forecast.
As the economy continues to rise, the price to do business is following suit. Recent studies suggest HVAC system construction and maintenance services are on the rise. Additionally, mechanical equipment prices are increasing, HVAC shipments are surging, and contractor confidence is high.