Shipments of central air conditioners and heat pumps tumbled in July — down nearly 27% compared to last year, according to AHRI data. A/C units took the steepest hit, falling more than 30%, while heat pump shipments dropped 18%. Carrier is projecting third-quarter residential volumes will be down over 40% year-over-year — its sharpest decline in more than ten years. Trane is expecting up to a 20% drop, and Lennox points to tariffs, refrigerant shortages, and weak home sales as major challenges. You can read more about the latest shipment data and what industry executives are saying about the market here and here.