HARDI Distributors Report Revenue Increase in June
COLUMBUS, OHIO – The average sales growth for reporting HVACR distributor members increased by 10.1 percent in June 2014, according to the trends report released by Heating, Air-conditioning and Refrigeration Distributors International (HARDI). The annualized growth through June is 6.6 percent.
“The double-digit growth in June looks impressive, but it was helped by one extra billing day this year versus modest 5.9 percent growth reported in June 2013,” said HARDI Market Research and Benchmarking analyst Brian Loftus. “June and July are the busiest months of the year for HARDI members, so the double-digit growth achieved in six of our seven regions was welcome news after the subdued performance in April and May.”