Items Tagged with 'industry outlook'

The water heater manufacturer Rinnai America Corporation has voiced its support for a resolution passed Thursday by the U.S. House of Representatives to reverse a Department of Energy ban on non-condensing instantaneous gas water heaters set to go into effect in 2029. 

Plumbing and HVAC contractors navigated a year of challenges and opportunities, with rising demand for energy-efficient systems amid labor shortages. As we look to 2025, growth is expected in commercial sectors like data centers and healthcare, alongside increased home repairs. The focus on sustainability and technology will drive innovation in the industry.

As a Platinum Supplier Partner of the American Supply Association, NIBCO is proud to have the opportunity to connect with other ASA members while working together toward a common goal to shape and better our industry.

After enduring a unique set of challenges through 2020 and 2021, industry experts are excited to move forward into another high-demand year. The excitement is coupled with caution, as supply chain constraints, material pricing and labor shortages are not expected to resolve themselves in the near future.

Danielle Laird, national accounts manager for Bradford White, absolutely loves the industry and the company she works for. 

In yet another recent conversation centered around the pandemic, I was truly impressed with a Philadelphia-based rep agency and its immediate ability to adapt.

Dodge Data & Analytics released its 2020 Dodge Construction Outlook. The report predicts that total U.S. construction starts will slip to $776 billion in 2020, a decline of 4% from the 2019 estimated level of activity.

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was a decline of 2.8% during June 2019.