HARDI Distributors Report 9% Revenue Increase in January

Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors increased by 9% during January 2024. The annual sales growth for the 12 months through January 2024 is an increase of 0.2%.

“9% sales growth is a nice change from the 7% decline during December,” said HARDI Macroeconomic & Residential Market Analyst Brian Loftus. “The growth this month was helped by an extra billing day versus last year. With the same number of billing days we estimate the sales growth was closer to 4%.”

HARDI members do not receive financial compensation in exchange for their monthly sales data and can discontinue participation without prior notice or penalty. Participation is voluntary, and the depth of market coverage varies from region to region. An independent entity collects and compiles the data that can include products not directly associated with the HVACR industry.

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