CEMA reports booked orders for April 2014 down 19.5% from April 2013
Dip follows record orders that outpaced shipments for the first four months of 2014.
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Bob Reinfried, executive vice president of CEMA, said in a recent interview that the April figures are a blip and follow tremendous order intake in the first four months of the year.
“We all knew that pace couldn’t continue,” he said, “but orders still outpaced shipments for the first four months. We expected this and expect orders to come increase a bit next month.”
April 2014 booked orders when compared to March 2014 booked orders were down 21.3%. April booked orders were down 0.3% for bulk handling Equipment and down 31.4% for unit handling equipment—which Reinfried called a driving force of a large part of what CEMA reports—when compared to March.
CEMA’s April 2014 billed sales (shipments) increased by 4.8% when compared to April 2013 sales. April 2014 billed sales when compared to March 2014 billed sales were up 7.8%. April billed sales were down 3.2% for bulk handling equipment and up 15.8% for unit handling equipment when compared to March.
About the AuthorJosh Bond, Contributing Editor Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.
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