According to a recent HVAC distributor survey, more than 100 HARDI HVAC equipment distributors so far reported a strong 2010 but have a different outlook for next year.
According to a recent HVAC distributor
survey, more than 100 HARDI HVAC equipment distributors so far reported a
strong 2010 driven largely by weather, continued momentum from the $1,500
residential tax credits, and pent-up demand from last year’s weak replacement
about a still-sluggish commercial recovery, continued lack of consumer and
commercial credit, and price pressures weigh down otherwise
generally-optimistic outlooks for 2010.
Interestingly, while more than 90% of respondents considered the
residential tax credits positive for business, over half shared concerns that a
failure to extend the tax credits beyond this year could have a negative effect
on 2011 by pulling through some demand.
mid-season distributor survey was conducted by HARDI in partnership with JP
Morgan’s Equity Research Group.