September 13, 2002

NAPLES, FL. -- The Conveyor Equipment Manufacturers Association reported that its July 2002 Booked Orders Index was 115 down 3 points or a decrease of 1% from June 2002’s Index of 118 (1990=100). The July 2002 Index represents a decrease of 34% from the July 2001 Index of 173.

July Booked Orders Indexes were 71 for Bulk Handling Equipment^* and 128 for Unit Handling Equipment*(1990=100).

The Twelve-Month Index for Booked Orders was 137 in July. Index represents a decrease of 4% from June 2002’s Twelve-Month Index of 142.

The CEMA Billed Sales (shipments) Index was 179 in July up 2 points or an increase of 1% from the June Index of 177. The July 2002 Index represents a decrease of 36% from the July 2001 Index of 279.

July Billed Sales Indexes were 84 for Bulk Handling Equipment^* and 182 for Unit Handling Equipment*(1990=100).

The Twelve-Month Index for Billed Sales was 197 in July. Index represents a decrease of 4% from June 2002’s Twelve-Month Index of 206.

* Since Bulk Handling Systems booked and billed sales are reported quarterly, they are averaged back to the two preceding months to enable a running monthly index.