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Home » economic outlook

Articles Tagged with ''economic outlook''

rees scholarship

Help Wanted: The HVACR Industry Faces an Annual Deficit of 17,000 Service Techs

HVACR contractors, manufacturers, and distributors are struggling to secure qualified service technicians
Steve Howard
Steve Howard
March 22, 2018
The Rees Scholarship Foundation has awarded more than $700,000 to 400-plus deserving students since 2003. Each year, the foundation awards scholarships of up to $2,000 each to qualified students who are enrolled in an HVACR program at an accredited institution.
Read More
Construction

Specialty Trades Added 37,600 Positions in February

The construction industry saw sustained increases, adding another 61,000 jobs weighted heavily in the specialty construction sector
March 20, 2018
Residential specialty construction added 18,600 jobs, while nonresidential specialty contractors added 19,000 positions.
Read More

The Care and Feeding of Employees – 2018

Richard D. Alaniz
March 19, 2018
How often have we heard some company owner or representative declare “Our employees are our most valuable asset”? Certainly more than occasionally. Some companies have even adopted this claim as their byword. In this era of more-than- full employment and a growing shortage of qualified job applicants in virtually every industry, those words have now become a reality for most employers.
Read More

Now Might Be the Right Time to Get Into Ductless Market

Kyle Gargaro
Kyle Gargaro
March 19, 2018
Follow the money. That is a phrase in the political world. It was popularized in the movie “All the President’s Men,” which was about the Richard Nixon Watergate scandal. Then, candidate Donald Trump used the same phrase to criticize Hillary Clinton and the Clinton Foundation.
Read More
Rheem Mfg contractor

Consumer Confidence Gives HVAC Manufacturers a Positive Outlook for 2018

Strong economy, housing market expected to fuel HVAC sales growth
Joanna Turpin
Joanna R. Turpin
March 12, 2018
For the year ending December 2017, sales of HVACR equipment showed solid mid-single-digit growth. That is according to Air-Conditioning, Heating, and Refrigeration Institute (AHRI).
Read More
Speaker Steve Schmidt

Contractors in HVAC Feeling Confident About 2018

Joanna Turpin
Joanna R. Turpin
March 12, 2018
The majority of commercial and industrial contractors are confident about sales growth, profits, and staffing levels heading into 2018, according to the latest Associated Builders and Contractors Inc. (ABC) Construction Confidence Index (CCI).
Read More
HVAC Market Trends

BSRIA Predicts Steady Growth for Several Major HVACR Markets

Kostora
Nick Kostora
March 12, 2018
Every year, the AHR Expo brings forth educational sessions that help contractors and manufacturers better understand how the HVACR industry functions and how it is constantly changing and evolving.
Read More
Ferguson HVAC

HVAC Distributors Optimistic a Strong Economy Will Lead to Strong Sales in 2018

Tools and co-branding opportunities help contractors make smart marketing decisions
Joanna Turpin
Joanna R. Turpin
March 12, 2018
According to the most recent report from Heating, Air-conditioning and Refrigeration Distributors International (HARDI), average sales for HARDI distributor members declined by 2.8 percent in December 2017, and the average annualized growth for the 12 months through December 2017 was 5.3 percent.
Read More

Specialty Construction Drove January Employment Growth

36,000 Construction Positions Created; National Unemployment Unchanged
February 6, 2018
The January Bureau of Labor Statistics Employment Situation report revealed another strong month of job growth, with steady increases in the construction sector. Specialty construction dominated construction job growth with 26,300 positions added.
Read More
eiling cassettes

HVACR Contractors Deem VRF Technology the Next Big Thing

Contractors tout the technology’s efficiency, effectiveness
Herb 2018
Herb Woerpel
February 5, 2018
Whether it’s geothermal technology, inverter compressors, or Internet of Things (IoT)-enabled devices, HVACR contractors are constantly on the lookout for the next big thing.
Read More
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