In ASA’s June 2012 Intelligence Report, growth continued for association members, but at its slowest rate in some time. There was a 4.8% improvement in per day revenues compared to 2011 and a 6.9% improvement for the overall second quarter.  

Compared to 2010, improvement is up 15.2% for June and 16.5% for the second quarter; and compared to 2009 there was an 18.4% increase for June and 29.9% for the quarter. Plumbing, heating and PVF distributors also were up 8.6% in the second quarter in a trailing 12-month basis.  

In other reports:

 
  • Heating, Air-conditioning and Refrigeration Distribution International (HARDI) reported U.S. HVACR average distributors sales in June were down 1.8%, the first month-over-month decrease in 2012.

    Days Sales Outstanding decreased for the second-straight month, the third decline in the last 10 months.

  • Affiliated Distributors reported a 12% sales increase – $12.8 billion – in the first half of 2012. Also in the first half of 2012, AD members have hired 1,226 new employees.

    A-D Plumbing and PVF sales increased by 13% in the first half of 2012 on a same-store basis from $2.8 billion to $3.1 billion. 

  • Modern Distribution Management released its 2012 Wholesale Distribution Economic Reports and the HVACR sector reported $101.5 billion in 2011 revenue, a 7% increase over 2010. The MDM is projecting revenue will grow 12.1% in 2012 because of increased construction activity.

    Total revenue of wholesale distributors grew 13.2% to $4.7 trillion in 2011, showing a continued growth to regain market share after the recession. The wholesale distribution industry is forecasted to grow by 6.8% in 2012, according to MDM’s reports.  


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