Nov. 7, 2011: Survey Says HVACR Manufacturers Are Feeling Optimistic About 2012
WESTPORT, Conn. — 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 compared to 2011. Twenty four percent replied that sales would be the same, while only 4 percent are expecting a worse year.
The total of 72 percent of respondents expecting a better year in 2012 is up six percent from last year’s survey that found 66 percent of respondents expecting 2011 to be better than 2010. All categories of predictions for 2012 were up from 2011 forecasts, including those for a much better year (13 percent vs. 9 percent) and a better year (59 percent vs. 57 percent). Likewise, only 4 percent predicted a worse year in 2012 compared to 7 percent in 2011.