“The holidays delivered good news for the electronic components industry as the overall electronic component average sales sentiment rebounded by 7.7 points following the discouraging November average of 58.1,” said Dale Ford.
“With the year-end rebound to a component index average of 65.8 the continual downward trend of the past 20 months appears to have hit bottom.”
The relatively encouraging news extends into January of the new year with an index outlook of 80.0. Semiconductor components scored the strongest rebound in December as it jumped by nearly 19 points to 73.3. Passive components are expected to see a major improvement in January with a rebound of 25 points to 80.2. The Electro-Mechanical/Connectors index predicts a jump in January up to 79.8. Looking toward January, the three major component index averages group closely around 80.
The Electronic Components Industry Association (ECIA) Electronic Component Sales Trends (ECST) survey provides highly valuable and detailed visibility on industry expectations in the near-term through the monthly and quarterly surveys. This “immediate” perspective is helpful to participants up and down the electronics components supply chain. In the long-term, ECIA shares in the optimism for the future as the continued introduction and market adoption of exciting innovative technologies should motivate both corporate and consumer demand for next-generation products over the long term.
The complete ECIA ECST report is delivered to all ECIA members as well as others who participate in the survey. All participants in the electronics component supply chain are invited and encouraged to participate in the report so they can see the highly valuable insights provided by the ECST report. The return on a small investment of time is enormous!
The monthly and quarterly ECST reports present data in detailed tables and figures with multiple perspectives and covering current sales expectations, sales outlook, product cancellations, product decommits and product lead times. The data is presented at a detailed level for six major electronic component categories, six semiconductor subcategories and eight end markets. Also, survey results are segmented by aggregated responses from manufacturers, distributors, and manufacturer representatives.
Interested in reading the entire ECST report? Click here for more info.
The Electronic Components Industry Association (ECIA) is made up of the leading electronic component manufacturers, their manufacturer representatives and authorized distributors. ECIA members share a common goal of promoting and improving the business environment for the authorized sale of electronic components.