Articles Tagged with ''state of the HVAC industry''

Based on 19 years of covering automotive retailing, I would say the future of residential HVAC looks a lot like the current state of automotive retailing.

A recovering economy, plus consumers’ growing awareness of HVAC, is leading contractors to believe that 2021 will be a better year.

The year 2020 presented a unique set of challenges as a consequence of an anomalous year.

Across the United States, contractors seem to be saying the same three things when looking at the state of the HVAC industry.

HVAC education will have both exciting opportunities to take advantage of and challenges to overcome in the upcoming year.

Manufacturers reported notable market trends and their impact on the HVAC industry, and they are optimistic about the opportunities in the year ahead.

HARDI premiered its State of the Channel research at its Annual Conference to a crowd of more than 1,000.

2018 was a great year as far as the U.S. economy was concerned. Sales of HVAC equipment remained strong, the unemployment rate stayed below 4 percent, and the GDP increased.

Average sales for HARDI members increased by 3.6 percent in December 2018, and the average annualized growth for the 12 months through December was 11.4 percent.

Some economists predict that the economy may slow a bit in 2019; however, manufacturers believe demand for HVAC equipment will remain high.