Emerson Electric Co. Form 8K - December 20, 2002

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549





FORM 8–K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event
reported): December 20, 2002

Emerson Electric Co.
(Exact Name of Registrant as Specified in Charter)



Missouri
  1–278
  43–0259330
(State or Other
Jurisdiction of
Incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification Number)


8000 West Florissant Avenue
St. Louis, Missouri

  63136
(Address of Principal Executive Offices)



  (Zip Code)



Registrant's telephone number, including area code:

(314) 553–2000

Item 9.   Regulation FD Disclosure.

        The following information is furnished pursuant to Regulation FD.

Emerson GAAP Underlying Orders – 13 Month Summary
(Percent change. Trailing 3-month average versus prior year.)

  Nov. ’01   Dec. ‘01   Jan. ’02   Feb. ’02   Mar. ’02
 
 
 
 
 
Industrial Automation -15-10   -20-15   -20-15   -20   -20-15
HVAC -15-10   -20-15   -15-10   -5-0   -5-0
Electronics and Telecom ->30   ->30   ->30   ->30   -25-20
Appliance and Tools -10-5   -10-5   -5-0   -5-0   Flat
Process Control +0-5   +5-10   +0-5   -5-0   -5
   Total Emerson -20-15   -20-15   -20-15   -15-10   -10-5
                   
  Apr. ’02   May. ’02   Jun. ’02   Jul. ’02   Aug. ’02
 
 
 
 
 
Industrial Automation -15-10   -15-10   -10-5   -5-0   -5-0
HVAC +0-5   +5-10   +10   +10-15   +10-15
Electronics and Telecom -15-10   -10-5   -10-5   -5-0   -10-5
Appliance and Tools Flat   Flat   Flat   +0-5   +0-5
Process Control -5-0   -5-0   +0-5   Flat   -5-0
   Total Emerson -5   -5-0   -5-0   +0-5   +0-5
                   
  Sep. ’02   Oct. ’02   Nov. ’02        
 
 
 
       
Industrial Automation Flat   -5-0   Flat        
HVAC +15   +10-15   +15-20        
Electronics and Telecom -15-10   -15-10   -10        
Appliance and Tools +5   +0-5   +0-5        
Process Control +0-5   -5-0   Flat        
   Total Emerson +0-5   -5-0   +0-5        

November‘02 Order Comments:

November orders reflect a stable demand trend.

Industrial Automation orders were flat, indicating demand stability at reduced volume levels.

HVAC orders are benefiting from the low customer inventory levels and a continued good North America housing market.

In Electronics and Telecommunications, order activity in the OEM businesses continues to remain positive, offset by weakness in the telecommunications market.

Appliance and Tools orders were impacted by increases in the consumer housing-related businesses.

Process orders were driven by strength in the systems business offset by reductions in short cycle orders.

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SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

EMERSON ELECTRIC CO.
(Registrant)


Date:    December 20, 2002 By:  /s/ H. M. Smith
    H. M. Smith
Assistant General Counsel and
Assistant Secretary



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