Conveying Equipment Orders Plummet
March 8, 2016
The Conveyor Equipment Manufacturers Association (CEMA) reported that its January 2016 booked orders decreased 17.4% when compared to January 2015 orders.
When compared to December 2015, January 2016 booked orders were down 40%.
January booked orders were down 3.3% for Bulk Handling Equipment and down 24.7% for Unit Handling Equipment when compared to December.
CEMA’s January 2016 billed sales (shipments) increased by 1.5% when compared to January 2015 sales, and 7.3% when compared to December 2015.
January billed sales were down 12% for Bulk Handling Equipment and down 8.1% for Unit Handling Equipment when compared to December.
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