ATLANTA – Sales sentiment for electronics components seems to be mired in the doldrums with October sentiment as measured by the Electronics Components Sales Trend survey (ECST) struggling to remain essentially neutral at 97.1 compared to September.
“While the November outlook calls for a small bump of 3.5 points to 100.6, to borrow a phrase from a song, ‘the thrill is gone,” commented ECIA chief analyst Dale Ford. “Many of the conversations at ECIA’s recent Executive Conference expressed opinions very much in line with the results of the latest survey and perhaps even more glum. There is no indicator of improved expectations looking through the end of 2024 and beginning 2025.”
The ECST survey provides highly valuable and detailed visibility on industry expectations in the near-term through the monthly and
quarterly surveys. This “immediate” perspective is helpful to participants up and down the electronics components supply chain. In the long-term, ECIA shares in the optimism for the future as the continued introduction and market adoption of exciting innovative technologies should motivate both corporate and consumer demand for next-generation products over the long term.
The complete ECIA Electronic Component Sales Trends (ECST) Report is delivered to all ECIA members as well as others who participate in the survey. All participants in the electronics component supply chain are invited and encouraged to participate in the report so they can see the highly valuable insights provided by the ECST report. The return on a small investment of time is enormous!
The monthly and quarterly ECST reports present data in detailed tables and figures with multiple perspectives and covering current sales expectations, sales outlook, product cancellations, product decommits and product lead times. The data is presented at a detailed level for six major electronic component categories, six semiconductor subcategories and eight end markets. Also, survey results are segmented by aggregated responses from manufacturers, distributors, and manufacturer representatives.