HARDI Distributors Report 12.2% Revenue Increase in November
COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI)
released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of
12.2% during November 2022.
The average annual sales growth for the 12 months through November 2022 is 21.5%.
“The 12% sales growth during November was the slowest monthly increase since July of 2021,” said HARDI Market
Research & Benchmarking Analyst Brian Loftus. “The annual growth rate has been declining for four consecutive
months and is losing its grip on that 20 handle.”