ECA monthly order index flattens in July
Aug 10, 2004
The monthly order index compiled by the Electronic Components, Assemblies & Materials Association (ECA) flattened in July after climbing for 11 consecutive months.
"After almost a year of steady upward movement, the market seems to have taken a bit of a breather in July," says Bob Willis, ECA president. "We suspect that this will be temporary and that growth will resume by the end of this quarter through the close of the year."
Executives from leading manufacturers who met at ECA's spring conference said they expect growth well into 2005.
The Electronic Components, Assemblies & Materials Association (ECA) represents manufacturers and producers of passive and active electronic components, component arrays and assemblies, and materials and support services. For more information, visit www.ec-central.org.
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