Survey Says HVACR Manufacturers Are Optimistic About 2012

In a survey of more than 1,000 International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo) exhibitors, HVACR manufacturers expressed optimism about the economic outlook for 2012. Nearly three fourths (72 percent) of the total respondents expect a better year in 2012 compared to 2011.
This overall optimistic 2012 outlook may be due in part to the fact that 76 percent of the respondents believe there is pent-up demand for new products.

The survey also revealed that the industry segments where manufacturers expect the strongest demand for their products in 2012 are light commercial (24 percent), heavy commercial (13 percent), industrial (26 percent), residential (26 percent), and institutional (11 percent). The industry categories where manufacturers expect the strongest demand for products are new construction (37 percent), replacement (36 percent), and renovation/upgrade (26 percent). www.ahrexpo.com.