Steel Products
AHRI: Shipments Gain Momentum in May
Written by Becca Moczygemba
July 18, 2023
US heating and cooling equipment shipments recovered in May, according to the most recent data released from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
The total amount of units shipped for the month of May was 1.98 million, compared to 1.74 million units in April. Shipments were up 13% month-over-month (MoM), but down 6% year-over-year (YoY).
On a 12-month moving average (12MMA) basis, shipments were down to 1.85 million units per month compared to 2.03 million units in May 2022.
As shown in the chart below, the annual rate of change in heating and cooling shipments on a three-month moving average (3MMA) basis has been trending downward since mid-2022.
Residential and commercial water heater shipments increased 10% YoY to a combined 814,889 units in May, increasing from 778,146 units in April.
May shipments of warm air furnaces totaled 249,477 units, showing no change compared to April, but down 23% from a year earlier.
Central air conditioners and air-source heat pump shipments were up 28% MoM but down 11% YoY. Units shipped in May totaled 908,050. When broken down by product, 527,908 air conditioners and 380,142 heat pumps were shipped.
The full press release from which this data comes from is available on the AHRI website.
An interactive history of heating and cooling equipment shipment data is available on our website. If you need assistance logging in to or navigating the website, please contact us at info@steelmarketupdate.com.
By Becca Moczygemba, becca@steelmarketupdate.com
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products
Findings from Clairton investigations prompt USS to revise safety protocols
U.S. Steel (USS) said it’s been strengthening its safety protocols as findings from investigations into the causes of a deadly explosion at USS Clairton Coke Works on Aug. 11 materialize. The Pittsburgh, Pa.-headquartered steel producer stated that an independent investigation conducted by the Environmental Design & Testing Corp (EDT) produced findings aligned with the company’s […]
Active rig counts rise in US and Canada
Drilling activity increased in both the US and Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.
FabArc Steel Supply completes projects in Mississippi, Georgia
FabArc Steel Supply announced this week the completion of two large-scale projects in Georgia and Mississippi.
US rig count slips, Canada ticks higher
ncreases through September, according to the latest Baker Hughes rig count data.
CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]