Articles Tagged with ''economic outlook''

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.

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).

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).

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.

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.

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.

When it comes to marketing and advertising for an HVAC business, there are a lot of things to take into consideration. Should you stick to traditional advertising methods like print and television or opt for digital strategies? If you decide on the latter and dive into digital marketing strategies, you’ll want to know which will provide the highest return on investment.

There is a bit of a boogeyman out there for HVAC contractors. It is people selling equipment online to homeowners and the customers who are purchasing them.

The Tax Cut and Jobs Act of 2017 — commonly known as the GOP tax reform bill — was signed into law on Dec. 22, 2017. While the legislation took many shapes and forms prior to its implementation, the bill is now officially law and up to the IRS to implement.