HARDI Distributors’ Average Sales Increased 15% in August
The average annualized growth for the 12 months through August 2018 scored at 9 percent.
COLUMBUS, Ohio — Average sales for Heating, Air-conditioning & Refrigeration Distributors International (HARDI) distributor members increased 15 percent in August, according to the association’s monthly TRENDS report. The average annualized growth for the 12 months through August 2018 scored at 9 percent.
“Mid-teens growth is always encouraging, especially during the seasonally significant summer months,” said Brian Loftus, market research & benchmarking analyst, HARDI. “The gain was exaggerated by the weak prior year. The Northeast experienced more than twice as many cooling degree days than last August. Cooling degree days were up by 70 percent in the Great Lakes and Central regions and almost that much in the Mid-Atlantic region.”