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Economy

HVAC shipments jump in June, extending recovery streak
HVAC

HVAC shipments jump in June, extending recovery streak

Shipments of air conditioners drove the month’s trend, growing 26.8 percent year-over-year, while heat pump shipments increased by 15.1 percent

Ferguson residential plumbing sales stay flat as broader business grows
HVACPlumbing

Ferguson residential plumbing sales stay flat as broader business grows

"New residential construction activity has been weak, and repair, maintenance and improvement (‘RMI’) work remains soft," the company said Monday

Lennox posts 12% drop in residential unit volume, cuts full-year outlook
HVAC

Lennox posts 12% drop in residential unit volume, cuts full-year outlook

While the result was weaker than expected, the pace of decline eased compared to earlier this year

Carrier tops residential sales expectations, raises full-year outlook
HVAC

Carrier tops residential sales expectations, raises full-year outlook

“Fundamentally, it feels to us like we’re getting back to basics, and we’re heading back to it being a replacement market,” CEO Dave Gitlin said Tuesday

Lowe’s skilled trades investment tops $60 million
HVACPlumbing

Lowe’s skilled trades investment tops $60 million

The Lowe’s Foundation on Monday announced nearly $8 million in grants to 10 community and technical colleges across the U.S.

AC, heat pump unit volumes split by efficiency rating: HARDI
HVAC

AC, heat pump unit volumes split by efficiency rating: HARDI

HARDI distributors’ combined unit volumes for air conditioners, heat pumps, and furnaces fell 8.2 percent over the 12 months through May 2026, compared to the prior 12-month period. But that decline isn’t uniform

BlackRock, Carhartt, Ford, Google launch skilled trades alliance
HVACPlumbing

BlackRock, Carhartt, Ford, Google launch skilled trades alliance

“No single company or industry can prepare a country for this opportunity on its own,” executives from the four companies wrote Tuesday

HVAC wholesale prices inched up in June, widening a five-year gap with the broader economy
HVAC

HVAC wholesale prices inched up in June, widening a five-year gap with the broader economy

HVAC wholesale prices have climbed 44.5 percent over the past five years, since June 2021, while overall PPI has risen by 24 percent over the same period

Chances of above-normal August temps lean east: Outlook
HVAC

Chances of above-normal August temps lean east: Outlook

Much of the eastern half of the U.S., along with the West Coast, faces at least a 33 percent chance of experiencing above-normal temperatures during the month

Residential water heater shipments slide through May as gas hits lowest five-month total since 2012
Plumbing

Residential water heater shipments slide through May as gas hits lowest five-month total since 2012

From Jan. to May, roughly 1.79 million gas water heaters were shipped, down 5.4 percent year-over-year, marking the lowest cumulative total since 2012