The Conference Board Consumer Confidence Index® increased in May to 76.2, up from 69.0 in April. This is the highest level it has reached in five years.
Industry revenue for the global HVAC industry is forecast to reach an estimated $95 billion in 2018, according to “Global HVAC Equipment Industry 2013-2018: Trend, Profit, and Forecast Analysis,” a market research report released by Lucintel.
The Air Conditioning Contractors of America’s (ACCA) Contractor Comfort Index registered at 58 for February. The statistic revealed that HVACR contractors are continuing their cautiously optimistic outlook for 2013.
The National Association of Home Builders (NAHB) is forecasting that single-family starts will grow 22 percent in 2013 and that single-family construction will grow another 30 percent in 2014.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) recently announced that while HVACR average distributor sales declined 1.8 percent in December 2012, they increased 5.6 percent for the year.
The Air Conditioning Contractors of America (ACCA) reported that its Contractor Comfort Index (CCI) indicates that contractors are continuing their cautiously optimistic outlook for 2013. For February 2013, the CCI is 58.
December Online Poll: Manufacturers who will be exhibiting at the AHR Expo were surveyed about their 2013 business outlook. Most say business will be up. What is your outlook?
The election has come and gone. And while HVACR contractors held on to hope that November’s ballots would provide a bit of clarity, looming legislative gridlock and unstable economic conditions continue to provide a much murkier forecast.