Sales Sentiment Surges Upward in April ECST Survey for Electronic Components
|
ECIA’s Electronic Component Sales Trend (ECST) April 2024 Survey Results
Atlanta — The latest results from ECIA’s ECST survey show optimism continuing to surge upward in its measurement of overall sales sentiment for April and May among electronic components supply chain players. “The ECST overall index score jumped up by 17.2 points between March and April to reach 124.1,” explained ECIA Chief Analyst Dale Ford. “The outlook for May shows continued improvement as the overall index moves up to 127.4 which would be the highest score since February 2022. The ECST survey results point to a strong start for Electronics Component sales in the first half of 2024 with consistent, month-to-month improvement for five months following a low of 77.8 in December,” he concluded. |
|
|
For the complete summary report, click here. 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 independent manufacturer representatives. Members can login here to view the full report. Non-members can now purchase the ECST report at https://www.ecianow.org/purchase-reports. |
