Continued Weakness in HVAC Market Noted

Regal Beloit reported continued weakness in the HVAC market, with North American residential HVAC sales decreasing 20% in the quarter, impacting overall sales volume.

“Continued Weakness in HVAC”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.