Mid-Season Survey Reports Optimism, Unitary Study Provides Regional Data
October 17, 2013
HARDI has released two study reports in an effort to assist distributors in business planning and benchmarking. The first of the two is the fifth annual “Mid-Season HVAC Distributor Survey,” conducted in partnership with JP Morgan Equity Research. According to the study, “The normalization of the HVAC market is happening, with demand and consumer behavior approaching something closer to a medium-term trend line, inventories less lean and more in line with demand, while pricing is becoming incrementally harder to come by.”
In the past, manufacturers and their distributors have worked together closely, which helped ensure profitability up and down the supply chain. In the last few years, however, that relationship has changed, becoming strained as customers increasingly bypass distributors and go straight to the supplier for products. This action often leaves much of the burden of compensating distributors for their services on the supplier’s shoulders.
HARDI reports average sales growth for its reporting HVACR distributor members increased 7.3 percent in July 2013. What other economic factors are at play?
Results to be Announced at Annual Conference Session
August 15, 2013
The HARDI Education & Research Foundation announced the kickoff of what it describes as a “major research project” to study and define distributors’ role in the demand creation process. Who is heading up this effort and what will it mean to the HVAC distribution industry?
Legislation to repeal the estate tax has been introduced in both the House and the Senate. Karen Madonia, co-chair of HARDI’s government and trade relations committee addresses press conference.
HARDI members are experiencing revenue growth in June and seem hopeful for July. What are the numbers and what is the significance of June and July revenue for the year?
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) announced average U.S. HVACR distributor sales declined 4.7 percent in September. The weakness is widespread, as evidenced in HARDI’s Monthly Targeted and Regional Economic News for Distribution Strategies (TRENDS) report.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) announced nominal U.S. HVACR average distributor sales growth of 2.2 percent in August.