HARDI announced North American HVACR average distributor sales for December closed out 2010 in line with the association’s forecast; but failed short of most manufacturer and analyst projections going into the year. 

Recent data gathered by IHS Global Insight found that U.S. construction spending fell 2.5% in December 2010.

Overall nonresidential construction spending is expected to decrease by two percent in 2011, with 2012 seeing an increase of five percent in inflation adjusted terms.

According to recent data gathered by IHS Global Insight, U.S. equity markets continue to fluctuate without conviction one way or another.

A year-end business conditions survey by the North Central Wholesalers Association (NCWA) reveals that positive sales continued for the year for distributors in the region.

According to the Fourth Quarter U.S. Construction Briefing by IHS Global Insight’s Construction Service, U.S. construction spending will be flat in 2011, pushed higher by positive second half gains in the residential and commercial sectors.

Cooling and heating equipment shipments dip slightly beginning of 3Q 2010.

HD Supply reported net sales for the 2010 fiscal 3rd quarter ended October 31, 2010, of $2.0 billion, an increase of $61 million, or 3.2%, compared to the 3rd quarter of FY 2009.

According to the Canadian Institute Of Plumbing & Heating (CIPH), PHCP wholesalers’ October sales were up 1.5% or up $7 million compared to October 2009.

For the sixth consecutive month, members of the American Supply Association have reported growth, showing an 8.1% improvement in per-workday revenues during the month of October 2010.