Articles Tagged with ''economic outlook''

The 2016-2017 winter season is set to be one of the longest, most expensive the HVACR industry has experienced in years.

Growth will continue to be led by privately financed projects, with commercial construction continuing to lead the way. Energy-related construction will become less of a drag in 2017, while public spending will continue to be lackluster.

At the recent ACCA Conference in Charlotte, North Carolina, The NEWS had the opportunity to speak with three HVAC manufacturing executives about the issues facing the industry. 

HVAC contractors seem to be feeling cautiously optimistic about short-term growth, at least according to ACCA, whose Contractor Comfort Index (CCI) scored a 76 in January 2016. But, there is still concern about the U.S. economy and conditions around the world, in general.

The latest report from HARDI shows that average sales for HARDI distributor members increased by 8.2 percent in December 2015, but annualized growth for all of 2015 registered a bit lower at 5.7 percent. This compares to the 6.1 percent gain in 2014, the second consecutive year of slower growth since a 7.3 percent increase was reported in 2013.

Sales of HVAC equipment were somewhat flat in 2015, according to AHRI, which reported year-to-date combined U.S. shipments of central air conditioners and air-source heat pumps decreased by 0.6 percent, and shipments of gas warm air furnaces increased 2.9 percent. 

BSRIA’s presentation will highlight the latest global trends and drivers for HVAC equipment, including intelligent buildings and homes, air conditioning and traditional heating products. The presentation will identify the global areas of growth and forecasts for the markets.