Distributor sales were back up after a slight dip in June, according to HARDI. The Heating, Air-conditioning and Refrigeration Distributors International reported that HVACR average distributor sales growth resumed in July 2012, increasing 13.3 percent after a 1.8 percent drop the previous month.
“July was a notable improvement from June. The positive sales environment was widespread, across every geographic region and company size category. Over 80 percent of participating HARDI members reported numbers were higher this July than last year,” said Andrew Duguay HARDI economist. “The resumption of the growth on a rolling 12-month basis being experienced by HARDI members concurs with the improving trends we are seeing in U.S. industrial production, housing starts, retail sales and commercial construction.”