OEMs

AHRI: Heating, cooling shipments jump in February

Written by Ethan Bernard & Laura Miller

April 14, 2024

Domestic shipments of heating and cooling equipment soared in February, according to the latest data released from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

February shipments rose 18% month on month (m/m) and 4% year on year (y/y) to 1,749,080 units.

On a 12-month moving average (12MMA) basis, shipments increased 0.3% to 1,749,311 units vs. 1,744,138 units a month prior.

February shipments of residential and commercial storage water heaters rose 12% m/m and 9% y/y to a combined 874,176 units.

Shipments of central air conditioners and air-source heat pumps were up 37% m/m and 1% y/y to 657,509 units. A total of 372,897 AC units and 284,612 heat pump units were shipped in February. 

Looking at the year-to-date combined total of all products, however, shows a 3% y/y decline to 3,230,205 units. While water heater shipments are higher y/y, shipments of the other two product categories showed y/y declines.

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.

Ethan Bernard

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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