The National Association of Home Builders (NAHB) is forecasting that single-family starts will grow 22 percent in 2013 and that single-family construction will grow another 30 percent in 2014.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) recently announced that while HVACR average distributor sales declined 1.8 percent in December 2012, they increased 5.6 percent for the year.
The Air Conditioning Contractors of America (ACCA) reported that its Contractor Comfort Index (CCI) indicates that contractors are continuing their cautiously optimistic outlook for 2013. For February 2013, the CCI is 58.
December Online Poll: Manufacturers who will be exhibiting at the AHR Expo were surveyed about their 2013 business outlook. Most say business will be up. What is your outlook?
The election has come and gone. And while HVACR contractors held on to hope that November’s ballots would provide a bit of clarity, looming legislative gridlock and unstable economic conditions continue to provide a much murkier forecast.
Is America approaching a fiscal cliff? That depends on who you talk to. Find out what Alan Beaulieu and other keynote speakers had to say at the 2012 HARDI Annual Conference.
According to a recent AHR Expo survey sent to more than 1,000 HVACR manufacturers worldwide, 70 percent of the respondents expect the economy to be better in 2013 than in 2012. In fact, 15 percent of the manufacturers expect a “much better year.”
Most HVAC contractors selling, installing, and maintaining furnaces are hopeful that this winter will be a lot cooler than last year’s. However, as meteorologists forecast dipping seasonal temperatures, energy experts are projecting rising costs.
Weakened demand for HVAC services in the United States during the recession intensified price-based competition and put pressure on profit margins. According to a new industry report from IBISWorld, the HVAC industry is forecast to return to growth this year and continue to grow for the next five years.
