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Economy

New bill proposes tax credits for hiring trade students
HVAC

New bill proposes tax credits for hiring trade students

U.S. small businesses would be eligible for up to $10,000 in tax credits for hiring students in career and technical education programs

Trump eyes triple-digit tariff on chips, semiconductors
HVAC

Trump eyes triple-digit tariff on chips, semiconductors

The president plans to impose tariffs on semiconductor imports within the next two weeks, according to a Friday report

Lowe’s launches ‘Skilled Trades Academy’ for military families
HVAC

Lowe’s launches ‘Skilled Trades Academy’ for military families

The company is investing $500,000 to launch a new program aimed at helping military families begin trades careers, per an announcement

HVAC wholesale prices inch up in July, reach all-time high
HVAC

HVAC wholesale prices inch up in July, reach all-time high

A measure of HVAC-specific wholesale prices in July rose 5.2 percent year-over-year to an all-time high, according to data released Thursday

Mid-year temp check: How consumers are doing
HVAC

Mid-year temp check: How consumers are doing

A five-year look at Americans' economic situation, honing in on seven key indicators from the Federal Reserve, as of June 2025

Home service economy saw mixed signals in Q2: Report
HVAC

Home service economy saw mixed signals in Q2: Report

High borrowing costs and economic uncertainty shaped homeowners' behavior during the quarter, per a new Jobber report

Trump holds cards as China tariff pause nears end
HVAC

Trump holds cards as China tariff pause nears end

A 90-day tariff pause on the country is set to expire Tuesday, with rates reverting to April levels, though an extension is likely

HVAC shipments fall 22% in June
HVAC

HVAC shipments fall 22% in June

This year marked the first time since at least 2010 that HVAC manufacturers shipped fewer ACs and heat pumps in June than in May, per AHRI

July heat drove electricity demand to new highs, data shows
HVAC

July heat drove electricity demand to new highs, data shows

Driven in part by weather, peak electricity demand hit two new highs during the month, according to the Energy Information Administration

Daikin reports ‘sluggish’ residential demand in Q2
HVAC

Daikin reports ‘sluggish’ residential demand in Q2

The company saw North American sales volumes drop during the quarter, along with soft residential demand, a company spokesman said Tuesday