Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors declined by 1.1% during November 2024.
The annual sales growth for the 12 months through November 2024 is an increase of 3%.
“A sales decline could indicate a pause to our annual sales growth rate recovery, but not in this case,” said HARDI Macroeconomic & Residential Market Analyst Brian Loftus. “November 2024 had one less selling day than November last year. We estimate the sales growth would have been 3.9% with the same number of billing days.”
For more information, visit hardinet.org.
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