Steel Markets
June Heating and Cooling Equipment Shipments at Record Level
Written by Brett Linton
August 3, 2018
Heating and cooling equipment shipments were up 7.8 percent in June compared to one year ago, according to data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) on Friday. This is the highest total equipment shipment level in the institute’s 10+ year history at 2.27 million units shipped, topping the previous record of 2.10 million units in June 2017.
Residential and commercial storage water heater shipments were up 12.6 percent year over year to a combined 809,192 units; 787,764 units were shipped for residential use and 21,428 units for commercial use.
Shipments of warm air furnaces totaled 337,087 units in June, up 10.7 percent compared to the same month last year.
Central air conditioners and air-source heat pump shipments rose 3.8 percent over a year ago to 1,120,459 total units; 783,705 air conditioners and 336,754 heat pumps were shipped.
The full press release is available on the AHRI website here.
Below is a graph showing the history of total water heater, warm air furnace and air conditioner shipments. You will need to view the graph on our website to use it’s interactive features; you can do so by clicking here. If you need assistance with either logging in or navigating the website, please contact Brett Linton at 706-216-2140 or Brett@SteelMarketUpdate.com.
Brett Linton
Read more from Brett LintonLatest in Steel Markets
US importers face stricter rules under revamped S232 tariffs
“CBP expects full compliance from the trade community for accurate reporting and payment of the additional duties. CBP will take enforcement action on non-compliance," the agency said in a March 7 bulletin.
Steel exports rebound in January
US steel exports recovered to a five-month high in January after having fallen to a two-year low in December. This growth follows four consecutive months of declining exports.
Construction spending drops marginally in January
Construction spending edged down slightly in January, slipping for the first time in four months. The US Census Bureau estimated spending at a seasonally adjusted annual rate of $2,196 billion in January, down 0.2% from December’s downward revised rate. The January figure is 3.3% higher than a year ago. January’s result, despite the slight erosion, […]
HVAC equipment shipments slow in December but strong annually
Shipments of heating and cooling equipment in the US fell to an 11-month low in December, according to the latest data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).
Apparent steel supply rebounds in December, but 2024 total at 4-year low
Apparent US steel supply rebounded in December, but 2024 was still the lowest level for supply since 2020.