CEMA reports 18% increase in booked orders in February
Conveyor Equipment Manufacturers Association’s index shows an increase of 46% over February last year.
in the NewsJuly U.S-bound shipments are solid, and August looks better, reports Panjiva July Cass Freight Index Report points to annual gains and sequential declines Truckload spot and contract rates seeing a summer bounce, says DAT Schneider Electric names Carlos Villa VP of U.S. industry business Transplace announces TPG is new equity partner More News
The Conveyor Equipment Manufacturers Association reported that its February 2011 Booked Orders Index was 167. Index in February is up 26 points or 18% from Januaryr’s 2011’s Index of 141 (1990=100). The February 2011 Index represents an increase of 46% from the February 2010 Index of 114.
CEMA’s baseline calculation uses the year 1990 as a comparison. Numbers to the right of the equation show the current state of the conveyor industry as compared to 1990. Figures above 100 indicate growth; while anything less indicates a contraction in the industry.
February Booked Orders Indexes were 246 for Bulk Handling Equipment and 142 for Unit Handling Equipment* (1990=100). Since Bulk Handling Systems booked and billed sales are reported quarterly and are averaged back to the two preceding months, the booked and billed indexes for non-quarter ending months for Bulk Handling Equipment and Category X, total of all categories, are adjusted quarterly.
The Twelve-Month Index for Booked Orders was 141 in February. Index in February represents an increase of 4% from January’2011’s Twelve-Month Index of 136.
The CEMA Billed Sales (shipments) Index was 133 in February. Index in February represents a decrease of 3% from January 2011’s Index of 137. The February 2011 Index represents an increase of 18% from the February 2010 Index of 113.
February Billed Sales Indexes were 232 for Bulk Handling Equipment* and 109 for Unit Handling Equipment*(1990=100).
The Twelve-Month Index for Billed Sales was 134 in February. Index in February represents an increase of 1% from January 2011’s Twelve-Month Index of 132.
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
Reader survey: Lift trucks keep on truckin’ Top 20 industrial lift truck suppliers, 2017 View More From this Issue