Inflation in HVAC Products is real

I have worked in the HVAC Products business since 1988, and never once time have I seen the inflationary pressure than this year. Look at this three year graph of cold rolled steel:

reference fred.stlouisfed.org

Some of our manufacturers have issued three price increases within five months. Normally increases look like 2.5% to 4% in one year. Now we are seeing 10% + increases on products made of steel. For customers it is a real challenge, and for us it becomes an exercise in extra tight communication with our contractors to keep them ahead of the increase curve.

Published by

keithglasch

President at ACI Mechanical and HVAC Sales

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