Component Order Index Improves Slightly; No Clear Prospects for Near-Term Growth.Business Editors/High Tech Writers ARLINGTON, Va.--(BUSINESS WIRE)--Aug. 21, 2001 Supply chain reduces inventory while awaiting better times The electronic component order index showed some improvement in July, but prospects for near-term growth remain questionable, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest information released by the Electronic Components, Assemblies & Materials Association (ECA ECA See: Export Credit Agency ). "The industry is dealing with too many factors to see any trend in the current numbers," says Bob Willis Robert ("Bob") George Dylan Willis (born in Sunderland 30 May 1949) is a former cricketer who played for Surrey, Warwickshire, Northern Transvaal and England. He adopted his second middle name "Dylan" by deed poll in honour of his idol Bob Dylan. , ECA president. "There's been little or no positive reaction by consumers to interest rate reductions and it's too early to determine if the tax rebates will improve the overall economic outlook. Orders for electronic components are currently tracking this stalemate and there's no indication that this will change anytime soon." Consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. remains positive, but much of it is based on discounts for products already in the pipeline. The supply chain - manufacturers, electronics manufacturing suppliers (EMS), distributors and OEMs - is reducing inventory in price-competitive battles while awaiting a rebound by consumers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new products and technologies. "The feeling is the market might not get worse, but it certainly isn't going to get better anytime soon," says Willis. "The only positive signs are that cancellations and order push-outs have stopped, and that some orders are being placed to fill holes." 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 support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . It is a sector of the Electronic Industries Alliance (EIA (Electronic Industries Alliance, Arlington, VA, www.eia.org) A membership organization founded in 1924 as the Radio Manufacturing Association. It sets standards for consumer products and electronic components. ), comprising more than 2,100 members that represent 80 percent of the $550-billion U.S. electronics industry. ECA members benefit from a dynamic link into a network of programs and activities in areas such as business and technical information, market research trends and analysis, access to industry and government leaders, technical and education training, and others. For more information, visit www.ec-central.org. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion