Steel Markets
May Heating and Cooling Equipment Shipments Up 10%
Written by Brett Linton
July 7, 2018
May heating and cooling equipment shipments were up 10.0 percent in May compared to one year ago, according to data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) last Friday. This is the higest year-over-year increase since March 2017 when there was a 10.1 percent increase.
Residential and commercial storage water heaters were up 14.2 percent year over year to a combined 819,359 units; 797,761 units were shipped for residential use and 21,598 units for commercial use.
Shipments of warm air furnaces totaled 279,202 units in May, up 13.2 percent compared to the same month last year.
Central air conditioners and air-source heat pump shipments rose 7.9 percent over a year ago to 971,246 total units; 673,010 air conditioners and 298,236 heat pumps were shipped.
The full press release is available on the AHRI website here.
Below is a graph showing the history of total water heater, warm air furnace and air conditioner shipments. You will need to view the graph on our website to use it’s interactive features; you can do so by clicking here. If you need assistance with either logging in or navigating the website, please contact Brett Linton at 706-216-2140 or Brett@SteelMarketUpdate.com.
Brett Linton
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