HARDI Distributors Report 12.1 Percent Revenue Increase in September
The average annualized growth for the 12 months through September 2018 registered at 9.8 percent
COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) members’ average sales increased 12.1 percent in September, according to the association’s monthly TRENDS report. The average annualized growth for the 12 months through September 2018 registered at 9.8 percent.
“September was another strong month and for the same reasons as August, warmer than normal temperatures against a weak prior year,” said Brian Loftus, market research and benchmarking analyst, HARDI. “The 9.8 percent annual sales growth is the best annual pace since eight years ago, when we began to move beyond the Great Recession.”