Circuits Assembly Online Magazine - Drop in Component Orders Slowing

ARLINGTON, VA -- Electronic component orders continued to fall in February, but not as sharply as in January, according to the monthly index compiled by the Electronic Components Association. The 12-month average, comparing this year's results to last year's, continued a descent that began last summer.

Although the overall trend continued to be down there was a glimmer of hope from a couple of companies that reported orders above 2008 levels in the last week of the month.

"I believe the numbers show that the economic downturn is affecting different companies in different ways," said Bob Willis, ECA president, in a statement.