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CONTACT: Jennifer Read May 2, 2023 FOR IMMEDIATE RELEASE
April 2023 Electronic Components Sales Sentiment Sees Slight Dip in March, Atlanta — The April ECST survey results reported by ECIA show overall sales sentiment declined by 1.9 points compared to the March survey results, the second month in a row of slightly lower results. However, the outlook for May is considerably brighter as expectations jump above 99, almost up to the break-even level between declining and improving sales. “This encouraging outlook may provide an early indicator that the market decline is easing and could see a turnaround in year-over-year performance before the end of 2023,” commented Dale Ford, ECIA’s Chief Analyst. “The overall component sales sentiment index dropped below 100 in June 2022. If the May 2023 expectations are realized, it would mark the strongest measurement since May 2022. The trends reported by the ECST index for Semiconductors are fairly consistent with the results reported by WSTS for the Americas. While the worldwide semiconductor market is suffering a ‘hard landing’, it is fair to say the Americas are achieving a ‘soft landing’ so far,” he noted. End-market results are very encouraging with strong improvement in April and a May index outlook above 100. Healthy results for the end markets are broad based. Most encouraging is the May outlook that predicts sentiment above 100 for Automotive, Industrial, Military/Aerospace, and Medical.
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. Non-members can now purchase the ECST report at https://www.ecianow.org/purchase-reports. About ECIA The 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. For more information, visit www.ecianow.org or call 678-393-9990. |
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