On "Water Heater Shipments Stay Under Pressure Through May"

Residential tank demand is still soft and that's not changing anytime soon—builders are holding back, consumers are stretched, and you're not seeing the bounce-back everyone predicted six months ago. The mixed commercial picture matters more than the headline: that's where the margin is right now, so if you're still oriented toward residential service calls and replacement installs, this is the year to get serious about commercial relationships and bid cycles. Electric tank weakness specifically is a tell—it usually means new construction is genuinely depressed, not just delayed.