HARDI Releases Benchmarking Reports and Information
Mid-Season Survey Reports Optimism, Unitary Study Provides Regional Data
HARDI has released two study reports in an effort to assist distributors in business planning and benchmarking. The first of the two is the fifth annual “Mid-Season HVAC Distributor Survey,” conducted in partnership with JP Morgan Equity Research. According to the study, “The normalization of the HVAC market is happening, with demand and consumer behavior approaching something closer to a medium-term trend line, inventories less lean and more in line with demand, while pricing is becoming incrementally harder to come by.”
C. Stephen Tusa, JP Morgan’s HVAC industry analyst, noted that a hint of optimism seems to be rubbing off on HARDI distributors and that more than half of survey respondents expect their revenues to improve by 5 to 10 percent.