February 2023 Electronic Components Sales Sentiment Powers Past Expectations, Momentum Carries into March Outlook
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ECIA’s Electronic Component Sales Trend (ECST) February 2023 Survey Results Atlanta –ECIA’s Chief Analyst Dale Ford has posted the latest results from the Electronic Component Sales Trends (ECST) February 2023 survey. The improving sales sentiment that began in December 2022 continued into February and March as survey results powered beyond expectations in the latest results. “Overall average sales sentiment leapt again in February as it increased by 8.4 points from January’s level reaching 90.6 points,” explained ECIA Chief Analyst Dale Ford, author of the report. “This completely outstrips the February forecast from the January survey by 12.7 points. It is also a jump of 39.5 points from the low set in November. The relatively optimistic outlook carries forward into the March forecast with growth to 97.6, an increase of another 7 points.” The recovery of sales sentiment scores for components and markets supports a soft-landing scenario in the market that has been hoped for by most electronics component supply chain participants. |
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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 manufacturer representatives.
Non-members can now purchase the ECST report: https://www.ecianow.org/purchase-reports.
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