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    Analysis

    July 11, 2022

    US Heating and Cooling Equipment Shipments in May: Flattening Out?

    Written by Brett Linton

    US heating and cooling equipment shipments rose 1% from April to May. They now stand at 2.09 million units according to data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI). Recall that two months prior, in March, we saw the third highest monthly shipment rate in our history at 2.28 million units (behind June 2021 at 2.32 million units and June 2020 at 2.28 million units). Total May shipments are down 4% compared to levels one year prior.

    On a twelve-month moving average (12MMA) basis, shipments averaged 2.03 million tons per month over the past year, down less than 1% from the March 12MMA (when we saw the highest level in our recorded history). Shipments averaged 2.03 million units per month in 2021, up 10% compared to 1.85 million units per month shipped in the same period of 2020.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

    Read more from Brett Linton

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