“After the flat sales during 2023, it looks like we are off to a good start with 9% sales growth during January and 7.7% during February,” said Brian Loftus, HARDI’s macroeconomic and residential market analyst.
The reclamation of HFC refrigerants is now essential so that existing HVAC systems, and systems that can be sold through 2025, can be serviced for the next couple of decades.
During a panel discussion at the AHR Expo, industry experts discussed a wide variety of topics including the refrigerant transition, workforce training, and the push for the adoption of heat pumps.
Todd Titus will be the first person at HARDI to serve in a full-time role dedicated to helping the association and its members advance policy at the state level.
All Things HVAC: We spoke to representatives from nine different companies, and covered a variety of topics with them, in our podcasts from the recent HARDI conference. Have a listen on The ACHR NEWS HARDI podcast page.
“Technology’s not going to solve everything, but you need to know how to use it,” Nelson Valderrama, CEO of Intuilize, told HVACR distribution professionals during the recent Heating, Air-conditioning & Refrigeration Distributors International conference.
"Going forward, the pace of existing home sales is turning and mortgage rates are shrinking. This annual growth rate chart will be turning higher very soon," said Brian Loftus, HARDI’s macroeconomic and residential market analyst.
Factors that shape the HVACR distribution market paint an uncertain picture of the year ahead. But Talbot Gee says those distributors who plan for different scenarios and are ready to “pivot on a dime” will fare best.