March sees surge in HVAC equipment shipments

Shipments of heating and cooling equipment jumped in March, the second month in a row we have seen a significant increase, according to the latest data released from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

March shipments were up 13% month on month (m/m) to 1.98 million units, but 3% less than the same month one year prior. Recall that February shipments jumped 18% m/m. The last month shipments were this high was June 2023.