ARLINGTON, VA – Electronic component orders were flat in July, marking the second consecutive month that the 12-month average showed little or no gain (compared to 2005). The four-to-five-week index, which shows order fluctuations over a 10-year period, was down according to the monthly report compiled by the Electronic Components, Assemblies & Materials Association (ECA).
 
“We’re pretty much in a holding pattern,” said Bob Willis, ECA president. “The fact that the four-to-five-week index is down is more indicative of a strong month last July compared to 2004 than any significant development last month. The flat 12-month moving average probably reflects a wait-and-see attitude among manufacturers based on uncertainty over the current economic and political climate.”