Optimism about the nation’s economic outlook among United States business leaders reached its highest level since 2004, according to the latest Grant Thornton International Business Report (IBR), a survey of more than 3,300 business leaders in 45 countries.
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.
As the holiday season and New Year approach, The NEWS wishes you good times. Really, we do. So, for the next couple of weeks, please have a few donuts and don’t worry about payroll, paying the bills, paying the piper, or even paying attention. 2012 promises to be a good year in the HVACR industry.
In a survey of more than 1,000 International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo) exhibitors, HVACR manufacturers expressed optimism about the economic outlook for 2012. Nearly three fourths (72 percent) of the total respondents expect a better year (59 percent) or a much better year (13 percent) in 2012.
Owners of small businesses are not as concerned as they had been about their cash flow, many are planning on making a capital investment in the next six months, and those that are doing well in the current economic climate are using social media as a magnet to draw new consumers.
The last few years have been challenging for HVACR contractors, the poor economy has resulted in financial stress, and recent federal legislation has caused concern. Even with these recent difficulties, there are numerous reasons to be hopeful, said Paul Stalknecht, president and CEO, Air Conditioning Contractors of America (ACCA).