Emerson reports flat orders growth for trailing three-month to November

December 20, 2012

Emerson disclosed in a regulatory filing that its trailing three-month orders were flat for November, as cautious business investment continued to reflect global economic uncertainty. Order trends improved in Network Power, Climate Technologies, and Commercial & Residential Solutions, and growth in Process Management continued, the company said. Industrial Automation demand remained weak. Currency translation added 3% points. Poor market visibility and mixed economic indicators in the U.S., Europe, and China are expected to result in slow and choppy order patterns in the near term, according to Emerson.