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Economy

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

HVAC shipments rise for fourth straight month in May
HVAC

HVAC shipments rise for fourth straight month in May

Shipments of air conditioners, in particular, drove the month’s trend, growing 10.2 percent year-over-year, per AHRI

HVAC distributor sales fell in May: HARDI
HVAC

HVAC distributor sales fell in May: HARDI

"With a lot of difficult weather comps across the country during the next couple of months, we need that summer magic to cook up some demand"

Defense Department launches skilled trades push with $10 million check
HVACPlumbing

Defense Department launches skilled trades push with $10 million check

The effort adds to a growing list of skilled trades investments from both Washington and the business community this year

U.S. trade school revenue climbs to $19.1 billion
HVACPlumbing

U.S. trade school revenue climbs to $19.1 billion

A quiet winner has emerged amid America’s skilled trades boom