# Forecast Shows Modest 2007 Increase

February 12, 2007

MISSISSAUGA, Ontario -
The Heating, Refrigeration and Air Conditioning Institute of Canada’s (HRAI’s)
annual statistics forecast for 2007 projects that shipments of commercial air
conditioning will increase by 4 percent, residential air conditioning will
increase by 1 percent, and residential furnace shipments will decrease by 1
percent over the projected 2006 figures.

The projected 2006 and forecasted 2007 figures are as follows:

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Other numbers released show that during the fourth quarter of 2006, chiller bookings showed the largest gain increasing by 22 percent followed by unit heater shipments increasing by 9 percent over the fourth quarter of 2005. Other sectors showed decreases including ductless mini-split shipments by 57 percent, residential air conditioning shipments by 48 percent, commercial air conditioning shipments by 5 percent, and residential furnace shipments by 4 percent over the fourth quarter of 2005.

Key figures and trends are as follows:

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For more information, contact Caroline Czajko at 800-267-2231.

The projected 2006 and forecasted 2007 figures are as follows:

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**Commercial air conditioning:**Actual shipments in 2005 were 44,568. The projected year-end figure for 2006 shows a drop of 1 percent to 44,000, while the forecast for 2007 projects a 4 percent increase to 46,000.•

**Residential air conditioning:**Compared to the actual 2005 shipments of 285,399 the projected 2006 figure decreases by 10 percent to 257,000. The 2007 forecast increases over 2006 by 1 percent to 259,000.•

**Residential furnaces:**Actual 2005 shipments were 308,615. The projected year-end figure for 2006 shows an increase of 4 percent to 320,000. The forecast for 2007 decreases over 2006 by 1 percent to 316,000.Other numbers released show that during the fourth quarter of 2006, chiller bookings showed the largest gain increasing by 22 percent followed by unit heater shipments increasing by 9 percent over the fourth quarter of 2005. Other sectors showed decreases including ductless mini-split shipments by 57 percent, residential air conditioning shipments by 48 percent, commercial air conditioning shipments by 5 percent, and residential furnace shipments by 4 percent over the fourth quarter of 2005.

Key figures and trends are as follows:

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**Commercial air conditioning shipments:**Decreased by 5 percent, from 12,853 in the fourth quarter of 2005 to 12,159 in the fourth quarter of 2006. Year-to-date shipments increased by 2 percent, from 44,568 for the fourth quarter 2005 to 45,499 for the fourth quarter 2006.•

**Residential air conditioning shipments:**Decreased 48 percent from 33,568 in the fourth quarter of 2005 to 17,342 in the fourth quarter of 2006. Year-to-date shipments decreased by 12 percent, from 285,398 for the fourth quarter 2005 to 250,255 for the fourth quarter 2006.•

**Residential furnace shipments:**Decreased 4 percent from 109,737 in the fourth quarter of 2005 to 105,566 in the fourth quarter of 2006. Year-to-date shipments increased by 5 percent, from 308,616 for the fourth quarter 2005 to 323,214 for the fourth quarter 2006.•

**Unit heater shipments:**Increased by 9 percent from 16,380 in the fourth quarter of 2005 to 17,774 in the fourth quarter of 2006. Year-to-date shipments increased by 8 percent, from 42,714 for the fourth quarter 2005 to 46,334 for the fourth quarter 2006.•

**Ductless split system shipments:**Decreased by 57 percent from 4,810 in the fourth quarter of 2005 to 2,060 in the fourth quarter of 2006. Year-to-date shipments increased by 42 percent, from 32,426 for the fourth quarter 2005 to 45,997 for the fourth quarter 2006.•

**Chiller bookings:**Increased 22 percent from 182 in the fourth quarter of 2005 to 222 in the fourth quarter of 2006. Year-to-date shipments increased by 5 percent, from 792 for the fourth quarter 2005 to 833 for the fourth quarter 2006.For more information, contact Caroline Czajko at 800-267-2231.

**Publication date:**02/12/2007