March heating and cooling equipment shipments totaled 1.94 million units, up 0.1 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 0.3 percent. This is the fifth consecutive month total shipments have declined on a year-over-year basis.
Residential and commercial storage water heater shipments increased 9.2 percent year over year to a combined 840,267 units; 817,852 units were shipped for residential use and 22,415 units for commercial use.
Shipments of warm air furnaces totaled 247,100 units in March, a decline of 30.4 percent compared to the same month last year. This is the ninth consecutive month warm air furnace shipments have declined on a year-over-year basis.
Central air conditioners and air-source heat pump shipments were up 4.7 percent over a year ago to 851,939 total units; 546,992 air conditioners and 304,947 heat pumps were shipped. This is the ninth 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 LintonRead more from Brett Linton
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