Economy

February’s most popular stories
HVAC

February’s most popular stories

A $2.5 billion deal, falling unit volumes, HVAC venture capital, and more

Roto-Rooter residential revenue dips; CEO points to Google, private equity
Plumbing

Roto-Rooter residential revenue dips; CEO points to Google, private equity

The company has experienced a volatile past seven quarters, with CEO Kevin McNamara attributing the trend to private-equity consolidation and Google changes

Ferguson posts $31 billion year, sees labor shortage as opportunity
Plumbing

Ferguson posts $31 billion year, sees labor shortage as opportunity

Last week, CEO Kevin Murphy suggested that the labor environment in the skilled trades presents an opportunity for Ferguson, particularly due to its scale 

AUX wagers on the U.S. HVAC market
HVAC

AUX wagers on the U.S. HVAC market

AUX, a Chinese HVAC manufacturer that generates roughly $13 billion in annual revenue, aims to compete with more established U.S. players

HVAC wholesale prices little changed in January
HVAC

HVAC wholesale prices little changed in January

An HVAC-specific ‘producer price index’ (PPI) increased just 0.36 percent during the month, compared to December 2025

HARDI report sizes up HVAC, plumbing markets
HVACPlumbing

HARDI report sizes up HVAC, plumbing markets

In 2025, estimated combined total U.S. revenues among residential and commercial HVAC and plumbing contractors exceeded $327 billion

Wary consumers, low housing turnover weighing on home improvement spending: Home Depot
HVAC

Wary consumers, low housing turnover weighing on home improvement spending: Home Depot

Home Depot executives said Tuesday that anxious consumers and low housing turnover are depressing home improvement spending

Electric water heater shipments top 5 million in 2025 as gas lags
Plumbing

Electric water heater shipments top 5 million in 2025 as gas lags

In 2024, residential electric water heater shipments crossed five million units for the first time on record, and in 2025, crossed it again

HVAC buying indicator edges up in January — barely
HVAC

HVAC buying indicator edges up in January — barely

The University of Michigan on Friday released its popular monthly consumer survey, which polls a wide swath of Americans about their finances

Carrier, Lennox execs on today’s market
HVAC

Carrier, Lennox execs on today’s market

Carrier and Lennox executives spoke at a pair of investor conferences in Miami last week