While the industry will wrestle through new refrigerants and the higher prices that result, the hotter weather of the next few years will stimulate demand despite equipment affordability issues.
HVACR contractors need to prepare for the summer temperatures around the country favored to be above normal, with potential dry heat, tropical storms, and wildfires.
ABC chief economist Anirban Basu believes a recession will occur in 2023, based on higher interest rates and other indicators that suggest the economy may be slowing down.
The beginning of a new year is a great time to take stock and revaluate focuses. For 2023, HVAC leaders are focusing on growth, getting back to the basics, and honing their listening skills.
Following two boom years, economic signs point toward a slowdown in HVACR industry growth in 2023, but distributors who take the changes in stride should be OK.
If the past few years have taught us anything, it is that we should expect the unexpected. Nevertheless, here are seven things you can expect from the HVAC industry in the new year.