Analysis
November 13, 2022
Heating and Cooling Equipment Shipments Slow in September
Written by Brett Linton
US heating and cooling equipment shipments declined 3% in September, according to data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI). Total shipments in September were 1.94 million units, down 7% from levels one year earlier.
Shipment levels have bounced around in recent months. September saw a month-over-month (MoM) increase of 12%. July plunged 20% from June, reaching an eight-month low of 1.79 million units. (That was the largest monthly decline seen since late 2020.) And June saw the fifth-highest monthly shipment rate in SMU’s more than 14-year history.
