Steel Markets

March Heating and Cooling Equipment Shipments

Written by Brett Linton


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.

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