HARDI’s monthly TRENDS report shows average sales for HARDI distributor members increased by 15.9% in June. The average annualized growth for the 12 months through June 2016 was 7.2%. This annual growth rate, HARDI noted, has generally remained within the 6% to 7% range for most of the past two years.
“The strong sales this month helped push the annualized growth to more than 7% for only the second time in the past 24 months,” HARDI Market Research and Benchmarking Analyst Brian Loftus said. “It was warmer than normal across much of the country and some systems had their first chance to stumble after the slow start to the cooling season.”