National HVACR distributor sales for the month of December 2008 were down 0.3% below December 2007, according to the Monthly Targeted and Regional Economic News for Distribution Strategies Report produced by Heating, Airconditioning and Refrigeration Distributors International.
The HARDI Central Region posted the best sales gain at 7% with Canada at 5.2%. Great Lakes Region failed to benefit from the onset of winter and experienced a 3.7% sales decline from December last year.
The Southwestern Region reported the poorest performance with a sales decline of 13.7%. The West, Southeast and Mid-Atlantic regions experienced sales declines when compared to same month last year. Median Days Sales Outstanding stood at 46.85 down almost 2 days from November 2008.