Heating, Airconditioning and Refrigeration Distributors International’s (HARDI) recent TRENDS report showed North American HVACR median distributor sales for the month of August 2010 were up more than 15% from last year making it the sixth consecutive month in which overall distributor sales were up from 2009. For the first time this year the running 12-month sales were in the black, albeit slightly.
Seven of HARDI’s U.S. regions outperformed the same month last year, and two regions’ August growth exceeded 20%. Canada continued its strong run and maintains in the top spot among all HARDI regions.
Each region reported inventory increases while also reporting the fifth consecutive month of decreasing Days Sales Outstanding (DSO).
For more information on this and other TRENDS reports, including access to the October 13 Webinar program on the Quarterly TRENDS Forecasts, contact HARDI’s Talbot Gee at (888) 253-2128 ortgee@hardinet.org.
