2. Regional Reports: 2.1 North America: 2.1.1 The United States

The U.S. GDP growth rate in 2014 came to 2.39%, nearly same as the previous year according to the International Monetary Fund (IMF). According to the U.S. Census Bureau, construction spending in the nonresidential sector increased 3.8% in 2014 compared to the previous year. According to BSRIA, overall chiller demand in the U.S. market came to US$ 970.2 million in 2014, a slight decrease from US$ 980.8 million in 2013.