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Market commentary Nov 2023 Verified

HVACR Industry in a Good Place Despite Labor Woes

Cory Anderson, president of M&A Supply Company Inc., states that the HVACR industry is in a positive place overall, having thrived through COVID-19. However, he notes that a shallow labor pool, particularly a lack of skilled service techs and installers, is the main factor holding the industry back from doing more business.

“I have a very positive view of the industry overall. Our industry was able to weather COVID very, very well, and not just survive. Between manufacturers, distributors, and contractors we were all able to thrive.”

Entities

M&A Supply Company Inc. · Mentioned
HVACRefrigeration Sentiment: Positive
Source: www.achrnews.com

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