ATLANTA — The North American electronic components sales sentiment increased by 7.7 points in the ECIA's December Electronic Component Sales Trend survey results, with the component index average of 65.8 marking a possible end to the downward trend the industry has seen for nearly two years.
“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 ECIA Chief Analyst 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 upward trend looks to continue in the new year, with an index outlook of 80.0 for January. 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.
The complete ECIA Electronic Component Sales Trends (ECST) Report is delivered to all ECIA members as well as others who participate in the survey. Non-members can now purchase the ECST report at https://www.ecianow.org/purchase-reports.
View the summary report here.