HARDI Distributors Report 15 Percent Revenue Increase in September
Columbus, Ohio - Heating, Air-conditioning and Refrigeration Distributors International (HARDI) released their monthly TRENDS report. The average sales growth for reporting HVACR distributor members increased by 15 percent in September 2014. The annualized growth through September is now 6.9 percent and at the upper end of the 6 percent to 7 percent range for 2014.
“The 15 percent growth in September is the strongest monthly performance this year,” said HARDI Market Research and Benchmarking Analyst Brian Loftus. “This is only the eighth time in the past five years when the average monthly sales growth has been 15 percent or higher.” Six of the seven reporting regions experienced double- digit growth. “The performance is even more impressive when you see it is being compared to strong results in September of 2013,” said Loftus.