“October was another exceptional month for HARDI distributors,” said Brian Loftus, market research & benchmarking analyst, HARDI. “Cooling season began with 20 percent sales growth in May and now heating season is off to an impressive start.”

“The 9.8 percent annual sales growth is the best annual pace since eight years ago, when we began to move beyond the Great Recession,” said Brian Loftus, market research and benchmarking analyst, HARDI.

“The 9.8 percent annual sales growth is the best annual pace since eight years ago, when we began to move beyond the Great Recession,” said Brian Loftus, market research and benchmarking analyst, HARDI.

"I look forward to bringing added value to HARDI members with these exciting programs we offer," said Hallmann. "My near-term goal is immersing myself in the HVACR distribution industry to learn about it as quickly and thoroughly as possible, so I can start bringing actionable economic insights to the table."

The increases will impact the company’s equipment manufactured in its North American plants.

The Energy Efficiency and Renewable Energy Office's (EERE's) budget will increase $300 million to $2.3 billion.

E-commerce now represents 23 percent of Ferguson's U.S. revenues, the trading margin was 8.2 percent, and trading profit was 15.7 percent ahead of last year.

Residential specialty construction added 18,600 jobs, while nonresidential specialty contractors added 19,000 positions.

89 percent of responders are forecasting excellent or good growth in 2018, which is up 15 percent from the already positive outlook in 2017.

The economic environment for HVACR demand seems to be very good. Consumer confidence is high, and stories of homes selling quickly are common. Employment growth persists, and wages are improving. This Goldilocks scenario is very similar to the high points from last year when we were preparing the forecast. We thought the pent-up demand thesis still had some validity, but there would be a difficult comparison after the 2016 heat wave.