August HVAC shipments up 11% year-over-year

AHRI last week released August shipment figures, showing increases across the board.

The big picture: While not perfect, shipments serve as a general proxy for the health of the replacement market. 

Details: Combined shipments of central ACs and heat pumps topped 975,000 in August, up 11% year-over-year.

• Heat pump shipments alone grew over 20% compared to last August. 

• Full breakdown

Of note: 6.7 million total air conditioners and heat pumps were shipped from January to August, a 4% jump from the same period last year. 

• Why it matters: 2024 shipments are outpacing 2023, contrary to some early predictions, as we’ve covered before.

What’s next: AHRI will release September’s figures in the second week of November.