Electronic-component orders were flat in June, while the index showing the average for the past 12 months continued its steady rise, according to the monthly report compiled by the Electronic Components, Assemblies & Materials Association (ECA) in Arlington, Va.
“Energy prices, world tensions, lack of consumer confidence, and the typical summer lull have conspired to create some hesitancy among manufacturers,” says ECA President Bob Willis
“That hesitancy is reflected in the four-to-five-week index. The good news is that the 12-month average is up about nine points over last year. Corporate spending will be the key over the second half, but I expect the index to remain positive.”
The ECA, a sector of the Electronic Industries Alliance (EIA), represents manufacturers and producers of passive and active electronic components, component arrays and assemblies, and materials and support services. It represents more than 1,300 companies.
For more information, contact the ECA online at www.ec-central.org.
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