Where the Electronics Supply Chain Comes TogetherThe Electronic Components Industry Association (ECIA) is made up of the leading electronic component manufacturers, their manufacturer representatives and authorized distributors. ECIA members share a common goal of promoting and improving the business environment for the authorized sale of electronic components. Comprised of a broad array of leaders and professionals representing all phases of the electronics components supply chain, ECIA is where business optimization, product authentication and industry advocacy come together. ECIA members develop industry guidelines and technical standards, as well as generate critical business intelligence. Visit ECIA's Coronavirus Resources PageECIA Board of Directors Annual Review & Economic Update |
Coronavirus Survey – Update 1109/18 Results of Manufacturer & Distributor Survey Ended September 18, 2020 Dale Ford, Chief Analyst
Positive developments in both economic progress and battling the pandemic have buoyed the manufacturing world, including participants in the electronics components supply chain. The latest results from the ECIA survey on the COVID-19/Coronavirus impact reveal a renewed surge in supply chain health and optimism. Many improving economic indicators continue to lend strength to the manufacturing sector. A recent Wall Street Journal (WSJ) report highlighted a return in global trade that is faster than expected. The WSJ article trumpets, “Global trade is rebounding much more quickly this year than it did after the 2008 financial crisis, lifting parts of the world economy and defying predictions the pandemic could send globalization into permanent retreat.” They share data from IHS Markit that shows 14 of 38 economies reporting growth in new export orders in August compared to just four in June with many others trending in the right direction. In addition, major ports in China are surpassing 2019 shipments with increasing frequency and South Korean exports were only 0.2% below the same period in the prior year for the first 10 days of September. As the electronics industry benefits from global trade, this report is a highly encouraging indicator. Log in to read the complete analysis on the members only Coronavirus Resources page. Continue Reading SynopsisCoronavirus Resources PageECIA's Coronavirus Resources page is dedicated to providing you a curated list of reputable sites and reports on the pandemic. It is updated as new information becomes available - visit it often to stay up-to-date on industry statistics, government mandates and health notifications. There is an expanded member-only page, log in to access. Visit Coronavirus Resources Page
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See MoreECST SurveyThe Electronic Component Sales Trends (ECST) tracks viewpoints on the sales of electronic components and the impact on end markets by surveying ECIA members, their peers and colleagues. The surveys sample individual opinions of knowledgeable professionals in the electronics industry on current monthly/quarterly performance and a look ahead to future expectations. Please take a moment to share your opinion and complete these surveys; each participant receives the survey results report.
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