HARDI Distributors Report 4.4% Revenue Increase in January
The average annualized growth for the 12 months through January 2019 is 10.4%
COLUMBUS, Ohio, — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) distributor members’ average sales increased by 4.4 percent in January 2019, according to the organization’s monthly TRENDS report. The average annualized growth for the 12 months through January 2019 is 10.4 percent.
“January and February are the slowest months of the year for HARDI distributors,” said Brian Loftus, market research and benchmarking analyst, HARDI. “This year got off to a 4.4 percent start, which looks pretty good when you realize it is being compared to a month [January 2018] that had a 19.4 percent gain.”