The Heating, Airconditioning and Refrigeration Distributors International has launched a new series of quarterly economic forecasting reports specific and exclusive to the HVACR industry.

“Targeted and Regional Economic News for Distribution Strategies,” or “TRENDS” are quarterly reports prepared by Alan Beaulieu and the New Hampshire-based Institute for Trends Research with analysis and management recommendations for HVACR wholesale distributors.

Each quarter an executive summary and a state-by-state report will be available for each HARDI region. These reports will correlate key indicators such as new home starts, commercial construction, remodeling spending, key commodity prices and interest rates with monthly sales data provided by HARDI distributor members.

All HARDI distributor members will have access to each regional executive summary and will be provided each region’s complete detailed reports at no cost simply by participating in the confidential monthly sales reports. Supplier and service vendor members of HARDI can subscribe to the complete reports or just the executive summaries.

“The timing is perfect for this new management tool to help our members get in front of changes in their local economies rather than trying to play catch-up,” said HARDI Executive Vice President Donald Frendberg. “There is currently no central source for this kind of HVACR focused information, especially anything that is broken down to the state level. Our members don’t have the time to research all of this data but can now easily identify the best leading indicators for their businesses.”

The first of these reports spanning January through April 2008 have been posted

The TRENDS forecasts will be featured at the association’s Oct. 25-28 annual convention in Phoenix.

“Most of our members have been through and survived a number of economic downturns over the years,” said Frendberg, “but this time there seem to be far more uncertainties, so it is HARDI’s top priority to arm our distributors with the most powerful management tools available to help them not just survive, but grow through this slowdown.”