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    Analysis

    September 9, 2022

    Heating and Cooling Equipment Shipments Fall Hard in July

    Written by Brett Linton

    US heating and cooling equipment shipments fell 20% in July to 1.79 million units, an eight-month low according to data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI). This is the largest month-over-month (MoM) percentage decline seen since November 2020, and the largest monthly decline in shipments since April 2020.

    Recall that June 2022 represented the fifth-highest monthly shipment rate in our 14-plus-year history. Shipments are also cyclical in nature; June tends to be the month with the highest shipments.

    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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