ATLANTA – Overall sales sentiment among electronic components supply chain players continues to rise, according to ECIA's latest Electronic Component Sales Trends survey.

"The ECST overall index score jumped up by 17.2 points between March and April to reach 124.1,” said ECIA chief analyst Dale Ford. "The outlook for May shows continued improvement as the overall index moves up to 127.4 which would be the highest score since February 2022. The ECST survey results point to a strong start for Electronics Component sales in the first half of 2024 with consistent, month-to-month improvement for five months following a low of 77.8 in December."

Semiconductors saw their index score soar upward by over 31 points to top 131, while Passive components and Electro-Mechanical components both saw impressive upward improvement as well increasing their index scores by 11 and 9 points, respectively. As a result, the sales sentiment for all three categories delivered highly positive results with scores ranging between 113 and 131.

Expectations looking toward May show sustained upward momentum in sentiment as Passive and Electro-Mechanical components continue to climb upward reaching 133.4 and 124.6, respectively. Semiconductors fall back slightly from their April high but still come in at 124.2. The ECST survey results point to a strong start for Electronics Component sales in the first half of 2024 with consistent, month-to-month improvement for five months following a low of 77.8 in December.

For the complete summary report, click here.

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