HARDI Distributors Report 1.1% Revenue Decline

Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors declined by 1.1% during November 2024. 

The annual sales growth for the 12 months through November 2024 is an increase of 3%. 

“A sales decline could indicate a pause to our annual sales growth rate recovery, but not in this case,” said HARDI Macroeconomic & Residential Market Analyst Brian Loftus. “November 2024 had one less selling day than November last year. We estimate the sales growth would have been 3.9% with the same number of billing days.”

For more information, visit hardinet.org.