November 21, 2009
ECA’s revised data brings good news to electronic components marketplace
Posted by: admin : Category: Semiconductor Industry
ARLINGTON, USA: Revised data from the Electronic Components Association’s (ECA) monthly order report has delivered a burst of good news to the electronics industry: What looked to be a dip in October orders is now a continued climb skyward, and the 12-month average, flat according to previous data, has also taken a turn upward.
ECA’s monthly report consolidates order information collected in confidence from leading electronic component manufacturers. Since issuing its data on Monday, November 16, ECA received new information from participants that contributed to the rosier industry picture.
“This was what we were hoping to see but it wasn’t indicated in the original October report,” says Bob Willis, ECA president. “In addition to the October data, we received information from the past several months showing that the market has been rising steadily since July, a good sign that we are in the midst of a recovery.”
