HVAC industry shows remarkable growth amplified by government regulations and the repair and replacement of systems in older homes
TORONTO, May 19, 2022 /PRNewswire/ – Jobber, the leading provider of home service management software, today released its Home Service Economic Report: Special HVAC Edition, which provides a snapshot of the Home Service category’s performance, followed by a deep dive into the factors impacting the Heating, Ventilation and Air Conditioning (HVAC) industry. The report includes expert insights, external data, and proprietary data aggregated from more than 160,000 home service pros who use Jobber.
Home improvement and maintenance expenditures continue to see strong growth performance with last quarter reaching record-breaking growth. Year-over-year revenue growth in the Home Service category overall was up 19% in Q1 2022.
“Home Service continues to perform well against other consumer spending categories largely due to a surge in new home construction and renovation projects,”