Economic outlook - Articles - Page 18

HVAC Contractors Hopeful Heading Into 2014

Although Economy is Improving, Hurdles Remain for Many During Recovery

Joanna R. Turpin

February 24, 2014

While contractors' outlooks can vary depending on a lot of factors, they generally have a positive outlook on 2014.

Distributors Delight in HVAC Equipment Replacement Growth

Sluggish Recovery Still a Concern

Joanna R. Turpin

February 24, 2014

HARDI's latest report showed modest sales growth of 3.6 percent for November 2013, which is less than the 6 percent growth reported for November 2012.

Feb. 10, 2014: Growth Predicted for US HVAC Industry

Significant Growth Forecast for 2014

February 10, 2014

Despite the economic downturn, HVAC industry revenue from 2009 to 2014 increased at an annualized rate of 2.4 percent. With the positive developments now seen in the market, industry revenue is forecast to rise over the next five years, with significant growth in 2014.

AHR Expo Survey:

HVACR Manufacturers Expect Growth in 2014

90 Percent of Respondents Believe Sales Will Increase in New Year

December 2, 2013

The results of the survey reflect a “significant improvement” over last year’s survey, which found 70 percent of participants expected the economy to be better in 2013 than 2012, while 3 percent predicted it would be worse.

Nov. 21, 2013: HVACR Manufacturers See Strong Business Prospects for 2014

ASHRAE/AHR Expo Survey Results Show a Significant Improvement over Last Year

November 21, 2013

HVACR manufacturers are optimistic about business prospects for the coming year, according to an ASHRAE/AHR Expo survey sent to more than 1,000 manufacturers worldwide. Seventy-nine percent of respondents said their prospects for business in 2014 were either excellent (19 percent) or good (60 percent).

June 20, 2013: Project Aims to Optimize Community-Scale Solar

Solar Forecasting and Energy Management to Improve Efficiency

June 20, 2013

The California Energy Commission awarded $1.7 million to a partnership between the U.S. Department of Energy’s (DOE’s) Lawrence Livermore National Laboratory (LLNL) and Cool Earth Solar Inc. (CES) to conduct a community-scale renewable energy integration demonstration project.

May 30, 2013: Consumer Confidence Index Increases to Five-Year High

Consumers Are More Positive About Current Economic Conditions

May 30, 2013

The Conference Board Consumer Confidence Index® increased in May to 76.2, up from 69.0 in April. This is the highest level it has reached in five years.

Report: Global HVAC Sector to Reach $95 Billion in 2018

Increasing Construction Activities Driving Industry Growth

May 13, 2013

Industry revenue for the global HVAC industry is forecast to reach an estimated $95 billion in 2018, according to “Global HVAC Equipment Industry 2013-2018: Trend, Profit, and Forecast Analysis,” a market research report released by Lucintel.

All I See are Signs, All I See are Dollar Signs

Herb Woerpel

April 30, 2013

Could Rhianna be the economic prophet this industry needs?

ACCA CCI Continues Uptick

March 25, 2013

The Air Conditioning Contractors of America’s (ACCA) Contractor Comfort Index registered at 58 for February. The statistic revealed that HVACR contractors are continuing their cautiously optimistic outlook for 2013.