BANNOCKBURN, IL – The forecast for US economic growth, initially expected to be 0.5% at the beginning of 2023, is now expected to grow by 2%, according to IPC’s August Economic Outlook report.

HAUPPAUGE, NY – Orbit International reported bookings in excess of $4 million for August, and said deliveries of those orders have already commenced and are expected to continue through the fourth quarter.

WASHINGTON — Global semiconductor industry sales totaled $43.2 billion in July, an increase of 2.3% compared to June's total of $42.2 billion but 11.8% less than the July 2022 total of $49 billion, according to the Semiconductor Industry Association.

MILPITAS, CA – Global semiconductor equipment billings dipped 2% year-over-year to $25.8 billion in the second quarter, while quarter-over-quarter billings slipped 4%, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.