HVAC Factory Shipments Trend Lower
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The long-term trend of falling U.S. factory shipments of various types of furnaces, water heaters, air conditioners and heat pumps continued unabated in August, as reported by the Air-Conditioning, Heating and Refrigeration Institute
August shipments of both gas-fired and oil-fired residential warm-air furnaces fell compared to one year ago, and year-to-date versus 2008. Shipments of gas-fired units were off 10.6% for the month and 14.3% for the first eight months of 2009. Oil-fired residential warm-air units fell 32.1% versus August 2008 and 21% year-to-date.
Residential gas and electric water heaters showed similar performance. Residential gas water heaters declined 18.7% for the month and 12.2% year-to-date. Residential electric water heater shipments were off 18.8% in August and down 14.% for the year so far.
Shipments of commercial water heaters fell sharply in August. Commercial gas water heater shipments were 41.1% lower than in August 2008. Year-to-date shipments through the period were down 20.2%. Commercial electric units fell 42% in the month, to total a 22% decline for the first eight months of 2009.
Combined shipments of central air conditioners and air source heat pumps were 14.2% lower than in August 2008 and off the year-to-date pace by 17.3%.