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    Analysis

    April 10, 2022

    February Heating and Cooling Equipment Shipments Up 9% YOY

    Written by Brett Linton

    US heating and cooling equipment shipments in February rose 0.8% from January to 1.84 million units, up 9.2% from levels one year prior, according to recent data from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). The highest monthly shipment rate on record was recorded last June, when 2.32 million units were shipped in a single month.

    On a twelve-month moving average (12MMA) basis, shipments averaged 2.04 million tons per month over the past year, climbing to the highest 12MMA in our recorded history. Shipments averaged 2.03 million units per month in 2021, up 9.8% compared to 1.85 million units per month shipped in the same period of 2020. In 2020, shipments were somewhat erratic: second quarter shipments were significantly impacted by the coronavirus shutdowns, resulting in a surge in Q3/Q4 shipments as manufacturers ramped up production.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

    Read more from Brett Linton

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