HVACIndustry News
HARDI Distributors Report 4.1% Revenue Increase
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors increased by 4.1% during May 2024.
The annual sales growth for the 12 months through May 2024 is an increase of 1.3%.
“While the national sales growth for the month was 4.1%, there was a lot of variation across the country,” said HARDI Macroeconomic & Residential Market Analyst Brian Loftus. “The sales performance ranged from a decline of 2.5% in the central region where cooling degree days were 28% below normal to an increase of 10.6% in the Southeast region where there were 31% more cooling degree days than normal.”