ECIA’s Electronic Component Sales Trend August 2024 survey results show components sales achieve broad-based positive traction. Positive market sentiment expressed by participants in the electronic components supply chain improved in the August measurement as it reached 108.4 in the index and is sustained in the September outlook with a 107.9 score.
ECIA’s chief analyst, Dale Ford, said: “This is an encouraging upward trend following a June measurement that fell below the 100 threshold and caused concern regarding market health. Building on the good news from the most recent ECST survey, all three major component segments realized scores above the 100 threshold in both the August measurement and the September outlook. This month-to-month positive market trend is projected to continue through the fourth quarter and the end of the year based on the results measured in the Q3 ECST survey.”