“Based on these encouraging numbers, we are expecting a sold-out show,” Stevens said. “And due to the steadily improving economy and sheer size of the HVACR market in the Northeast, we may set new attendance records.”
Stevens noted that in addition to several positive economic indicators, the last time this major HVACR show was in New York in 2008 it established a then all-time attendance record of more than 39,000 visitors with over 6,400 buyers coming from 138 countries. Including exhibitor personnel, the total number of attendees reached over 57,600. Although the 2012 AHR Expo in Chicago did eclipse New York’s record number of visitors, show management is optimistic that the 2014 New York show could regain the all-time attendance record based on the following forecasts and economic indexes:
• The Manufacturers Alliance for Productivity and Innovation (MAPI) forecasts the HVAC sector will increase 4 percent in 2013 and another 7 percent in 2014.
• The National Association of Home Builders (NAHB) forecasts that single-family construction will grow 30 percent in 2014 on top of a 22 percent growth in 2013.
• Associated Builders and Contractors (ABC) predicts that nonresidential construction spending will expand 5.2 percent in 2013.
• The Air Conditioning Contractors of America (ACCA) Contractor Comfort Index rose to 60 in January — anything over 50 reflects anticipated growth.
• The American Institute of Architects (AIA) Architecture Billings Index (ABI) climbed to 54.2 percent in January, its strongest growth in 5½ years.
For more information, visit www.ahrexpo.com.
Publication date: 5/13/2013