CEMA reports October booked orders down 19.8% from October 2015
Sales soften following record billings.
The Conveyor Equipment Manufacturers Association reported that its October 2016 booked orders decreased 19.8% when compared to October 2015 orders.
October 2016 booked orders when compared to September 2016 booked orders were down 14.0%. October booked orders were down 17.4% for bulk handling Equipment and down 12.4% for unit handling equipment when compared to September.
CEMA’s October 2016 billed sales (shipments) decreased by 6.0% when compared to October 2015 sales. October 2016 billed sales when compared to September 2016 billed sales were down 9.3%.
October billed sales were down 3.1% for bulk handling equipment and down 11.6% for unit handling equipment when compared to September.
