ECA Order Index Continues Upward
The monthly order index compiled by the Electronic Components, Assemblies & Materials Association (ECA, Arlington, VA) continued its steady upward climb in June for the eleventh consecutive month.
"Nothing astronomical is happening," said Bob Willis, ECA president. "Just a nice steady climb over an extended period, which everyone in the industry will take after about a year of no movement and the downward plunge in 2001."
According to the ECA, executives from leading manufacturers say that market growth is not being driven by any single product area, but by steady gains for a range of goods, including digital cameras, flat panel displays, DVDs and car cockpit electronics. Most expect the trend to continue through this year and into next.
The ECA represents manufacturers and producers of passive and active electronic components, component arrays and assemblies and materials and support services. It is a sector of the Electronic Industries Alliance (EIA), comprising more than 2,100 members that reportedly represent 80% of the $430 billion U.S. electronics industry.
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