Quarterly reports from HARDI will correlate key indices, such as new home starts; commercial construction; remodeling spending; key commodity prices; interest rates with monthly sales data; and more.
Heating, Airconditioning and Refrigeration Distributors International (HARDI)
has launched a new series of quarterly economic forecasting reports specific and
exclusive to the heating, ventilation, air-conditioning and refrigeration
(HVACR) industry. Titled Targeted and Regional Economic News for Distribution
Strategies, or T.R.E.N.D.S., these quarterly reports are prepared by Alan
Beaulieu and the Institute for Trends Research complete with analysis and
management recommendations for HVACR wholesale distributors.
quarter an Executive Summary and a fully detailed state-by-state report will be
available for each HARDI region. These reports will correlate key indices such
as new home starts, commercial construction, remodeling spending, key commodity
prices and interest rates with monthly sales data provided by HARDI distributor
members. All HARDI distributor members will have access to each regional
Executive Summary and will be provided each region’s complete detailed reports
at no cost simply by participating in the confidential monthly sales reporting.
Supplier and service vendor members of HARDI can subscribe to the complete
reports or just the Executive Summaries.
“The timing is perfect for
this new management tool to help our members get in front of changes in their
local economies rather than trying to play catch-up,” said HARDI Executive Vice
President, Donald Frendberg. “There is currently no central source for this kind
of HVACR focused information, especially anything that is broken down to the
state level. Our members don’t have the time to research all of this data but
can now easily identify the best leading indicators for their businesses.”
The first of these reports spanning January through April, 2008,
have been posted to www.hardinet.org as will the second report expected in early
July. After those access will be limited to members. In May ITR’s Alan Beaulieu
presented the Northeast and Mid-Atlantic Regional Reports at their combined
regional meeting held in Hardyston, NJ, then focused on the Central and Great
Lakes Regions at their combined meeting this month in Lake Geneva, WI.
The T.R.E.N.D.S. forecasts will be featured at the HARDI Fall Conference,
October 25-28, 2008, in Phoenix, AZ, as an integral part of the Conference
theme, Economic Climate Control. “Most of our members have been
through and survived a number of economic downturns over the years,” stated
Frendberg, “but this time there seem to be far more uncertainties, so it is
HARDI’s top priority to arm our distributors with the most powerful management
tools available to help them not just survive, but grow through this slowdown.”
HARDI Helps Members Weather Economic Storm
July 30, 2008