“We have sales declines during two of the first three months of cooling season versus the boom times of 2022,” said Brian Loftus, macroeconomic and residential market analyst at HARDI.
Douglas O’Brien spent some 48 years in the HVAC industry, beginning in 1956. He was the longtime president of McPherson Furnace and Equipment Co. and an active member of the Northamerican Heating, Refrigeration & Airconditioning Wholesalers Association.
Sales by HVACR distributors participating in the Heating, Air-Conditioning and Refrigeration Distributors International (HARDI) TRENDS report declined by 4.1% during April 2023.
The three-day meeting for distribution professionals touched on topics that affect the entire HVAC industry and, more broadly, a rapidly changing economy.