OEMs
AHRI: Shipments Heated Up in August
Written by Becca Moczygemba
October 16, 2023
Heating and cooling equipment shipments in the US ticked up in August, according to newly released data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
Shipments in August totaled 1.9 million units, compared to 1.7 million units reported in July. Shipments were up 15% month over month (MoM) but down 2% year over year (YoY).
On a 12-month moving average (12MMA) basis, shipments are down to 1,819,312 units compared to 1,822,557 units the previous month.
The chart below shows the total heating and cooling shipments on a three-month moving average (3MMA) basis. Shipments fell 5% through August compared to the same period last year. The 3MMA basis has declined every month in 2023, with April seeing the largest decline at 12%.
Residential and commercial storage water heater shipments increased by 25% MoM to a combined 791,965 units, and increased 19% YoY from 666,626 units.
August shipments of warm air furnaces totaled 284,373 units, a 33% increase compared to July.
Central air conditioners and air-source heat pump shipments were up 2% MoM and down 9% YoY. A total of 541,108 air conditioner units and 336,092 heat pump units were shipped in August.
This year has seen more water heater and air conditioner/heat pump units shipped out of any of the last five years. However, the most warm air furnaces were shipped in 2021.
The full press release of this data 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.
Becca Moczygemba
Read more from Becca MoczygembaLatest in OEMs
Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.
Manufacturing in New York state improves again in August
Business activity in New York state improved modestly in August. It was just the second positive reading for the general business conditions index in six months.
Manufacturing in New York state recovers in July
Business activity in New York state recovered slightly in July, with the Empire State Manufacturing Index seeing its first positive reading in four months.
ISM: Manufacturing growth slowed again in June
US manufacturing activity slowed for a fourth straight month in June. That's a sharp shift after trending up for most of Q1.
GE Appliances announces $490M reshoring project in Kentucky
GE Appliances announces $490-million reshoring project in Kentucky.