HARDI Distributors Report 3.6% Revenue Increase in December
The average annualized growth for the 12 months through December 2018 registered at 11.4 percent
COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) members’ average sales increased 3.6 percent in December 2018, according to the association’s monthly TRENDS report. The average annualized growth for the 12 months through December 2018 registered at 11.4 percent.
“Furnace season is off to a great start with sales growth of 21.7 percent in October and then 12.2 percent in November,” said Brian Loftus, market research & benchmarking analyst, HARDI. “The modest growth this month was enough to push the annual growth rate to a new peak rate of 11.4 percent.”