Steel Markets
July Heating and Cooling Equipment Shipments Steady
Written by Brett Linton
September 6, 2019
July heating and cooling equipment shipments came in at 1.81 million units for the month, up 0.4 percent over the same month one year ago, according to data recently released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). This is the first month that total monthly equipment shipments have increased on a year-over-year basis since March 2019.
Residential and commercial storage water heater shipments rose 2.2 percent year over year to a combined 660,917 units; 643,348 units were shipped for residential use and 17,569 units for commercial use. Prior to July, water heater shipments had declined for five consecutive months on a year-over-year basis.
Shipments of warm air furnaces totaled 241,122 units in July, down 9.2 percent compared to the same month last year. Prior to this month, warm air furnace shipments had increased on a year-over-year basis for five consecutive months.
Central air conditioners and air-source heat pump shipments rose 2.0 percent over a year ago to 909,164 total units; 613,974 air conditioners and 295,190 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, contact info@SteelMarketUpdate.com.
Brett Linton
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