Danfoss Inc. senior leaders recently provided a 2012 market outlook on HVAC policy trends during their 17th annual press conference, held Jan. 24 at the AHR Expo in Chicago.
FMI, provider of management consulting and investment banking to the engineering and construction industry, announced the release of its 2012 first quarter Nonresidential Construction Index (NRCI) report. The NRCI gained 7.8 points over last quarter to 58.1 this quarter.
Demand in the United States for HVAC equipment is projected to increase 5.1 percent annually to $16.8 billion in 2015, according to a study that came out in November titled HVAC Equipment from The Freedonia Group Inc., a Cleveland-based industry market research firm.
Having just returned from the International Builder’s Show in Orlando, I have to remark that the show has downsized itself quite noticeably. Though what might be called the world’s largest home and garden show is less than its gargantuan self of years past, it is still an awesome event.
How did the economy fare in 2011? What will it do in 2012? These questions are tricky to answer, but as contractors prepare their business strategies for the coming year, many are looking to numbers and forecasts for direction.
Demand for energy will rise through 2040 as global economic output doubles and prosperity expands across a world where population will grow to nearly 9 billion people, Exxon Mobil Corp. states in The Outlook for Energy: A View to 2040.
As the holiday season and New Year approach, The NEWS wishes you good times. Really, we do. So, for the next couple of weeks, please have a few donuts and don’t worry about payroll, paying the bills, paying the piper, or even paying attention. 2012 promises to be a good year in the HVACR industry.
So do you want the good news or the bad news first? Because there was both in the presentation economist Alan Beaulieu gave to the Heating, Airconditioning and Refrigeration Distributors International (HARDI) members at the recent HARDI Conference in Hawaii.
In a survey of more than 1,000 International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo) exhibitors, HVACR manufacturers expressed optimism about the economic outlook for 2012. Nearly three fourths (72 percent) of the total respondents expect a better year (59 percent) or a much better year (13 percent) in 2012.
Owners of small businesses are not as concerned as they had been about their cash flow, many are planning on making a capital investment in the next six months, and those that are doing well in the current economic climate are using social media as a magnet to draw new consumers.
