ATLANTA — The electronic components sales sentiment index in February moved into positive territory for the first time in 21 months with a score of 100.8, according to ECIA's monthly Electronic Component Sales Trend survey.

"It has been 21 months since the overall sales sentiment index topped 100," explained Dale Ford, ECIA’s Chief Analyst. "The index languished at an average of 85.2 for the prior year, unable to sustain any meaningful improvement until a positive surge to begin 2024 started in January. This momentum carried over into February with the encouraging outcome of an overall positive sentiment score. The positive momentum is projected to carry into March with a projected improvement of 9 points in the overall average to nearly reach 110 points.

"The longer-term outlook presented by the Q1 2024 ECST survey delivers more positive news for the electronic components industry,” Ford continued. “In Q1 2024 the overall net index score delivers a positive 1% outcome. The best part of the quarterly survey is the outlook for Q2 2024, as positive energy sweeps across the market and delivers a net positive score of 33%."

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 at https://www.ecianow.org/purchase-reports 

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