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Market commentary Oct 2012 Verified

Residential HVAC Market Commentary Q3 2012

Regal Beloit's CEO noted slight growth in the residential HVAC business during the third quarter of 2012, while most other businesses saw slowing demand. The company anticipates modest year-over-year growth in residential HVAC for Q4 2012.

“We experienced slight growth in our residential HVAC business however most of our other businesses around the world saw slowing demand.”

Entities

HVAC Sentiment: Mixed

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