Distributor sales growth declines
Uncertainty caused by the trade war with China, the UK exiting the European Union and a decline in manufacturing in the U.S. means some distributors will suffer sales declines in 2019 – By James Carbone Many distributors say component sales will end 2019 being flat to down compared to last year because of sluggish overall economic growth, excess capacity, weaker demand from some customer segments and the continuing trade war with China. Distribution executives attending the recent Electronic Components Industry Association (ECIA) annual executive conference in Rosemont, Ill., also said that there was a lot of uncertainty in the industry…