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    Analysis

    November 12, 2024

    HVAC shipments slip in September but are still trending higher

    Written by Brett Linton

    Following a strong August, heating and cooling equipment shipments eased in September to a five-month low, according to the latest data from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

    Total September shipments declined 9% month-on-month (m/m) to 1.88 million units, the lowest monthly rate since April (Figure 1, left). Recall that August shipments of 2.07 million units were at the second-highest rate of the past two years. Despite the m/m decline, September shipments were still 4% higher than last year.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

    Read more from Brett Linton

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