Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.
The June PMI registered 52.6%, an increase of 9.5% from the May reading — and the second consecutive month of expansion.
New orders for manufactured durable goods in May increased $26.6 billion or 15.8% to $194.4 billion, according to the U.S. Census Bureau. This increase in durable goods orders, up following two consecutive monthly decreases, followed an 18.1% April decrease. Excluding transportation, new orders increased 4%. Excluding defense, new orders increased 15.5%. Transportation equipment, also up …
Advance Report: New Orders for Durable Goods Grew 15.8% in May Read More »
