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HVAC Factory Shipments Extend Down Trend in July
July factory shipments of HVAC equipment continued declining compared to last month, and year to date, extending a long-term trend. Only shipments of oil-fired, warm-air furnaces bucked the trend with an increase.
- According to monthly figures released by the Air Conditioning, Heating and Refrigeration Institute (AHRI), July shipments of gas-fired, warm-air furnaces fell 13.8% versus July 2008. Year to date, shipments are down 14.8% versus last year.
- Oil-fired, warm-air furnace shipments for the month increased 11.2% versus 2008. Year-to-date, those shipments have fallen 18.1%.
- Residential electric water heater shipments declined 18.5% in July. Year to date shipments have dropped 13.9%. The number of residential gas water heaters shipped in July was off 10.6%. Year to date, shipments are down 11.3%.
- Shipments of commercial units show similar declines. Commercial gas water heater shipments in July fell 13.5% compared to a year earlier. Year to date those shipments are off 16.7%.
- Commercial electric water heaters shipped from factories in July fell 17.1% and year to date were behind by 18.4%.
- Combined shipments of central air conditioners and air-source heat pumps were down 16.1% in July versus a year earlier. Year to date those shipments are down 17.7% compared the same period in 2008.
See the complete news release here.