Steel Markets
November 16, 2021
Heating and Cooling Equipment Shipments Up 1.7% in September
Written by Brett Linton
U.S. heating and cooling equipment shipments rose in September to 2.09 million units, up 1.7% from August, according to recent data from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). September levels are up 2.9% from those seen one year prior. Recall that 2020 monthly shipment levels were somewhat erratic; shipments in the second quarter were significantly impacted by the coronavirus shutdowns, resulting in a surge in Q3/Q4 shipments as manufacturers ramped up production. Also recall that this past June saw a record-high shipment level of 2.32 million units.
Total 2021 shipments through September are now up to 18.7 million units, up 12.2% compared to 16.6 million units shipped in the same period of 2020. As seen in the chart below, year-to-date (YTD) shipments for all three equipment types remain at record levels in 2021, each the highest seen in SMU’s 14-year data history.
