HARDI Distributor Report 3.3 Percent Revenue Decline in May
COLUMBUS, Ohio—Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing average sales for HARDI distributor members declined by 3.3 percent in May 2015.
The annualized growth through May 2015 was 5.1 percent. This is the slowest annual growth rate in more than a year, but the recent softness is largely attributed to poor weather in much of the country.