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Conveying Equipment Orders Down in March
Billed sales for equipment were up month-over-month, but down year-over-year.
1 Min Read
CEMA equipment orders dropped in March.Vitaliy Holovin/Corbis via Getty images
The Conveyor Equipment Manufacturers Association (CEMA) reported that its March 2024 booked orders increased by 2.53% when compared to March 2023, but decreased by 11.73% compared to February 2024.
February 2024 booked orders had increased 8.28% compared to January 2024.
March 2024 booked orders for bulk handling equipment decreased by 7.56% compared to February 2024. March 2024 booked orders for unit handling equipment decreased by 13.44% when compared to February 2024.
CEMA’s March 2024 billed sales (shipments) decreased by 21.35% compared to March 2023, but increased by 7.46% compared to February 2024. This contrasts with the February 2024 increase of 3.31% when compared to January 2024.
March 2024 billed sales for bulk handling equipment increased 11.21% when compared to February 2024. The bulk handling increase follows a 9.61% increase for February 2024 vs. January 2024. March 2024 billed sales for unit handling equipment increased by 5.99% when compared to February 2024. The increase compares to an increase of 1.03% for the prior month (February 2024) vs. January 2024.
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