Electronic component orders show uptick in August.Electronic component orders rose slightly in August compared to previous months, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. the monthly index issued by the Electronic Components, Assemblies & Materials Association (ECA ECA
See: Export Credit Agency , Arlington, VA, www.ec-central.org). Still, the 12-month moving average of the index remains flat, and industry watchers are cautious about the prospects of a recovery.
"For the last three years, pundits have anticipated a Q4 recovery and it hasn't happened," said 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. "No one is willing to predict a recovery this time, but up is better than the months of flatness and slight downturns we've been experiencing."
Willis Wil·lis , Thomas 1621-1675.
English anatomist and physician known for his studies of the nervous system and the brain. He discovered the circle of Willis at the base of the brain. said that the industry was buoyed by the Commerce Department,s recent report that the gross domestic product in the U.S. grew by 3.1% in the second quarter, more than double the 1.4% growth for both the first quarter of 2003 and the last quarter of 2002. The Commerce Department said spending on capital equipment and software rose by 8.2% in the second quarter, higher than the expected 7.5% growth.
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 reportedly represent 80% of the U.S. electronics industry.