HVAC shipments soar 55% in November
The increase marks eight consecutive months of growth and puts year-to-date shipments 11 percent above 2023
$13 billion HVAC disruption averted in port deal
An agreement was reached on Wednesday, preventing a port strike that could have impacted roughly $13 billion worth of HVAC goods
The HVAC-specific incentives of the Inflation Reduction Act stand among the most likely parts to survive, according to policy experts
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Economy
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HVAC shipments soar 55% in November
The increase marks eight consecutive months of growth and puts year-to-date shipments 11 percent above 2023
$13 billion HVAC disruption averted in port deal
An agreement was reached on Wednesday, preventing a port strike that could have impacted roughly $13 billion worth of HVAC goods
U.S. cooling demand rises 12% in 2024
The number of nationwide Cooling Degree Days jumped 12 percent compared to 2023, according to data from the National Weather Service
Housing indicators paint mixed picture for 2025 HVAC demand
U.S. existing home sales, a leading indicator of replacement demand, have stabilized, but mortgage rates remain elevated
Legal
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HVAC incentives look resilient as Trump, Congress target the IRA
The HVAC-specific incentives of the Inflation Reduction Act stand among the most likely parts to survive, according to policy experts
AHRI calls on industry to protect HVAC tax credit
The incoming Congress is considering eliminating certain tax credits, including the industry-favored 25C credit, to pay for a tax bill
Court suspends reporting requirements for small businesses
The law, known as the Corporate Transparency Act (CTA), would have affected 32 million businesses nationwide
What Trump’s EPA pick could mean for contractors amid HFC phasedown
Thereâs a new wildcard in the mix of the HFC phasedown: Donald Trumpâs November 11 nomination of Lee Zeldin to run the Environmental Protection Agency
M&A
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Rheem parent to buy Fujitsu’s HVAC business for $1.6 billion
The deal marks the third major OEM acquisition announced in the past six months
Our most-read stories of December
M&A, international expansion, and whatâs next for the HFC phasedown
Apex Service Partners acquires technology company
The nation's largest residential HVAC consolidator has acquired three-year-old tech company HomeBreeze
âAs long as we were hitting our numbers, they left us alone,â says contractor on private equity
Post Close is a monthly series anonymously highlighting the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
Management
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Non-Google channels led Q4 average tickets, analysis shows
Customers acquired through Bing and Facebook ads outspent those acquired through Google in late 2024, according to an analysis
The FTC banned fake, deceptive reviews. Here’s what it means for contractors
As of October 2024, "purchasing" fake reviews by offering customers discounts is banned, along with a few similar practices
Our 2025 Plan
A peek at some of our plans for the new year
Our most-read stories of November
M&A, going public, and what's to come in 2025
Technology
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Google launches âEnergy Skilledâ badges: What to know
Google will display 'Energy Skilled' badges on contractors' Business Profiles if at least one technician has earned a certain credential
ServiceTitan is now a public company
After more than a decade as a private company, ServiceTitan brought the trades to Wall Street â and made its public debut
Yelp makes updates to boost contractor advertising
Yelp rolled out over 20 product updates as part of a larger initiative to improve its advertising offerings
Inside ServiceTitan’s pitch to the public
ServiceTitan published a 300-page document outlining its industry outlook, financial performance, and future plans