HVAC Breaking News

Aug. 31, 2009: Survey Says HVACR Manufacturers Expect Improving Economy in 2010

WESTPORT, Conn. - According to a survey of more than 1,000 HVACR manufacturers, 70 percent of respondents said that they expect the economy to be stronger in the first quarter of 2010. The survey of AHR Expo exhibitors was conducted by International Exposition Co., the show organizer. The company said this bodes well for the 2010 AHR Expo, set for Orlando, Fla., in January, as nearly 72 percent of respondents predicted that customers will start buying more products in the first quarter.

Sixty-nine percent of respondents believe their customers have been delaying purchases of new products and that this pent-up demand will result in more sales during the first quarter of 2010. Twenty-four percent expect sales to increase over 10 percent and nearly 30 percent expect sales increases of 5-10 percent in the first quarter of 2010. Close to 25 percent of respondents expect a smaller first quarter increase of 1-4 percent while less than 5 percent see a decline in sales.

“The timing of the 2010 AHR Expo should be very beneficial to the HVACR industry,” said Clay Stevens, president of International Exposition Co., “in so far as it coincides with a significant revival in the demand for equipment, systems, components, and services. We are expecting thousands and thousands of industry professionals from around the world to converge on Orlando in January to find the newest and most efficient products available anywhere.”

The 2010 AHR Expo will take place Jan. 25-27, and International Exposition Co. said it will feature more than 1,600 exhibitors from around the world showcasing their new products to over 45,000 attendees and exhibitor personnel from nearly 100 countries. So far, show exhibitors have reserved over 310,000 net square feet of exhibit space.

For more information, visit www.ahrexpo.com.

Publication date: 08/31/2009

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

2013 ACCA Conference & IE3 Expo

Photos from the 2013 ACCA Conference & IE3 Expo in Orlando, Fla.

Podcasts

Cade Clark, assistant vice president of government affairs for the Air-Conditioning, Heating & Refrigeration Institute (AHRI), gives a brief overview of the new version of the Shaheen-Portman bill, what AHRI thinks of the energy-efficiency legislation, and how it might affect the HVACR industry if it becomes law.
More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 05-20-13 cover

2013 May 20

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

HVAC LEASING

Some HVAC contractors have introduced leasing programs for consumers. Do you think this is a viable option?
View Results Poll Archive

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