HARDI Releases TRENDS Report
December 22, 2008
COLUMBUS, Ohio - The Heating, Airconditioning and Refrigeration Distributors International (HARDI) announced national HVACR distributor sales for the month of October 2008 were -0.8 percent or just slightly below October 2007 in its monthly Targeted and Regional Economic News for Distribution Strategies (TRENDS) report. Among the eight HARDI regional reports, four in colder climates reported positive sales while four reported sales declines for the month. Over the previous 12 months, U.S. and Canadian wholesale sales were collectively up 0.2 percent.
Best performance for October was experienced in Canada at a positive 9.4 percent, while the Western region reported the poorest performance at -11.1 percent. Only the Midwest region reported a decline in inventory level; all others indicated inventories were up.
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Publication date: 12/22/2008