ECIA Releases Electronic Component Sales Trend (ECST) November 2021 Survey Results
Electronic Component Sales Sentiment Plunges Again in December Outlook
ATLANTA – The electronic components sales sentiment index points to an acceleration in its steep decline for the December forecast. This continues a significant downward trend that started in November. The previous survey results pointed to a major decline of -12.0 points between October and November falling to 107.3. The actual sentiment measured for November in the current survey came in down -8.3 points compared to October at an overall level of 111.0. The sentiment looking toward December predicts the overall average falling below 100.0 for the first time in 18 months, since July 2020. The December forecast for sales sentiment is expected to fall by -15.9 points from November down to 95.2 overall.
“For many months the analysis of the ECST survey results has emphasized that a score above 100.0 indicates growth expectations, explained ECIA Chief Analyst Dale Ford. “So, while the index numbers have fallen through the course of 2021, the overall index came in above 100.0 and called for some level of growth, although the December forecast will dip below that number. The longer term outlook is more positive,” he noted.
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.