Steel Markets
February Heating and Cooling Equipment Shipments
Written by Brett Linton
April 13, 2020
February heating and cooling equipment shipments totaled 1.52 million units, up 2.3 percent from the same month one year ago, according to recent data from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). As a three-month moving average, total heating and cooling shipments were down 0.1 percent, the fourth consecutive monthly decline.
Residential and commercial storage water heater shipments rose 6.8 percent year over year to a combined 760,927 units; 740,956 units were shipped for residential use and 19,971 units for commercial use.
Shipments of warm air furnaces totaled 204,838 units in February, down 17.8 percent compared to the same month last year. This is the eighth consecutive month warm air furnace shipments have decreased on a year-over-year basis.
Central air conditioners and air-source heat pump shipments rose 5.8 percent over a year ago to 558,853 total units; 325,697 air conditioners and 233,156 heat pumps were shipped. This is the eighth consecutive month air conditioners and air-source heat pump shipments have increased on a year-over-year basis.
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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