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Key Trends for P-H-C Contractors to Know in 2025
Economic forecasting is essential for p-h-c contracting businesses as it allows them to plan for market fluctuations, manage costs, and make informed strategic decisions. By analyzing economic trends such as inflation, interest rates, and construction activity, businesses can anticipate demand for new installations, retrofits, and maintenance services, and determine when to invest in expansion, workforce development, or new technology.
Key Findings of the 2025 Environmental Scan:
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U.S. Economy & Construction: The economy will grow modestly, with residential construction declining until 2027-2028. Nonresidential construction, especially manufacturing, will grow, while office, healthcare, and education sectors will remain stable.
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Legislative Outlook: Congress will introduce energy, tax, and workforce legislation, with potential budget cuts to Inflation Reduction Act programs.
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Refrigerant Transition: Starting January 2025, high GWP refrigerants will be restricted. HVAC contractors must follow new regulations, with a similar transition for VRF systems in 2026.
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Labor Shortages: Labor shortages will persist, requiring contractors to focus on attracting, training, and retaining talent.
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Private Equity & Consolidation: Private equity acquisitions of plumbing and HVAC businesses continue, creating competition for smaller contractors. Service and employee training will be key to staying competitive.
Read the full document here... |
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Promote Your Essential Work. Celebrate World Plumbing Day: March 11
This year’s theme – “Plumbing Is More” – highlights the transformative role of plumbing in shaping healthier communities, sustainable environments, and economic growth. To help you raise awareness this year about the vital role plumbing plays in maintaining health, safety, and well-being worldwide, the World Plumbing Council has provided updated logos, infographics, stats, and messaging. You can download its World Plumbing Day Brand Guide (as well as access other resources) here.
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Exciting Workforce Development Updates!
The PHCC Educational Foundation and PHCC Academy® have just announced several key initiatives designed to advance the careers of plumbing and HVACR professionals:
- New PHCC Academy Website: This centralized learning hub offers specialized courses for professionals at every career stage – from pre-apprentices to seasoned business owners – providing flexible, industry-recognized training programs. Visit phccacademy.org.
- Advanced HVACR Courses: The PHCC Educational Foundation has expanded its online HVACR educational programming and updated its curriculum; learn more here.
- Redesigned National HVAC Contest: Merging modern skills with future technology, the PHCC Educational Foundation is redesigning its National HVAC Apprentice Contest; get details here.
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2025 Scholarships
The Foundation's scholarship program plans to deliver 65 awards worth over $150,000 to qualified applicants in 2025.
Plumbing and HVACR apprentices working for PHCC--National Association member contractors are the primary target for our awards, with trade school and college students also eligible depending on their studies.
Start thinking about who might be the best candidates in your company for an award. They will need a letter of recommendation from the PHCC business owner or their manager - templates are available here to help you get a head start.
APPLY HERE FOR A 2025 SCHOLARSHIP
Applications and all supporting materials will be due May 1, 2025. |
Course Spotlight—Apprentice Training
- Open Enrollment - You may enroll at any time throughout the year no waiting period.
- Pace of Learning - You can work at your own pace, and move through material based on your knowledge level.
- Convenience - You can work from the comfort of your own home or office, at a schedule that best suits you, that may be nights or weekends.
- Course content based on PHCC Educational Foundation's four-year series of textbooks which has been in production for over 8 years.
PLUMBING APPRENTICE COURSE
HVACR APPRENTICE COURSE
The PHCC Academy® is your one-stop, online source for education and training resources.
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