Economy

White House targets 1 million new apprentices

White House targets 1 million new apprentices

The president signed an executive order aimed at spurring one million new apprentices per year, including in the skilled trades

Consumer HVAC buying indicator falls in Q1, remains above 2022 levels

Consumer HVAC buying indicator falls in Q1, remains above 2022 levels

A measure of whether consumers think now is a good time to buy "large household durables" fell during the first quarter, but is up from 2022

Lennox, Watsco CEOs: A2L sales accelerating, R-454B issues temporary

Lennox, Watsco CEOs: A2L sales accelerating, R-454B issues temporary

Both companies reported Q1 earnings this week, with their CEOs commenting on A2L sales, R-454B issues, tariffs, and consumer trends

Contractors split over how suppliers should handle tariff costs, survey finds

Contractors split over how suppliers should handle tariff costs, survey finds

A division exists among contractors on how distributors and manufacturers should pass on tariff costs, according to a survey

Mapped: 10 years of U.S. cooling demand

Mapped: 10 years of U.S. cooling demand

Despite a rise in global temperatures, U.S. cooling demand trended downward between 2015 and 2024, according to national weather data

Honeywell, Chemours hike R-454B prices

Honeywell, Chemours hike R-454B prices

The two companies have increased prices for their R-454B products, impacting both open and new orders

House reps seek to boost CTE funding amid HVAC labor crunch

House reps seek to boost CTE funding amid HVAC labor crunch

A letter began circulating in the House to increase the level of Perkins funding this year, which supports HVAC programs nationwide

HVAC industry grows in Q1 despite A2L, tariff concerns

HVAC industry grows in Q1 despite A2L, tariff concerns

Despite pricing-related concerns about tariffs and the A2L transition, industry demand held steady in Q1, according to a William Blair report

February HVAC shipments snap 10-month growth streak

February HVAC shipments snap 10-month growth streak

Shipments of central air conditioners and heat pumps fell slightly in February, breaking a 10-month growth streak, according to AHRI data

90-day tariff pause brings some relief to the HVAC industry

90-day tariff pause brings some relief to the HVAC industry

The President on Wednesday announced a 90-day pause for over 75 countries, lowering their tariff rates to a flat 10 percent