Steel Markets

AHRI: Shipments Up in May

Written by Becca Moczygemba

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.

AHRI May2023 Fig1

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.

AHRI May2023 Fig2

Residential and commercial water heater shipments increased 10% YoY to a combined 814,889 units in May, increasing from 778,146 units in April.

AHRI May2023 Fig3

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.

AHRI May2023 Fig4.1

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

By Becca Moczygemba,

Becca Moczygemba

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