HARDI Distributors Report 12.2 Percent Revenue Increase in November
The average annualized growth for the 12 months through November 2018 registered at 11.1 percent
COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) members’ average sales increased 12.2 percent in November, according to the association’s monthly TRENDS report. The average annualized growth for the 12 months through November 2018 registered at 11.1 percent.
“Furnace season is off to a great start,” said Brian Loftus, market research & benchmarking analyst, HARDI. “October was colder than the prior year in every region. That happened again in November, when heating degree days exceeded normal in six of our seven economic regions.”