ARLINGTON, VA -– The monthly order index compiled by the Electronic Components, Assemblies & Materials Association (ECA) was flat in June, perhaps signaling a traditional summer lull.
"We typically get a steadying period in the summer," said Bob Willis, ECA president. "Last year, July was flat after 11 consecutive months of order growth; this year June is flat after months of ups and downs."
Unlike 2004, which started off with a spurt of growth that receded in the second half of the year, Willis thinks the pattern this year leans to modest but sustainable growth over the second half.
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.