The upturn in shipments comes as a report by the Harvard University Joint Center for Housing Studies projects strong growth in immigrant and minority households, resulting in 22 million more homeowners in the next 20 years.
Air Conditioner Shipments Up
September 15, 2002
According to the Air-Conditioning and Refrigeration Institute, factories shipped over 3 million central air conditioners and heat pumps during the first five months of 2002, an increase of 6% over the same period last year. At this rate, the industry should eclipse last year's total units sold of almost 6.3 million, including a record 1.4 million heat pumps.