ATLANTA – Optimism continues to improve in the electronic components supply chain as overall sentiment rose to 106.9 in the latest results from ECIA’s Electronic Component Sales Trend Survey.
All three major segments reached at least 100 in the sentiment index as the Semiconductor score recovered back to 100 and Passive components sustained a score of 102.1, while is Electro-Mechanical components led the list with an index score of 118.6 in March.
Looking to April, scores for the major segments are expected to register between 117.8 and 133.3 in April, which would drive an overall average of 123.7, the highest score since February 2022.
"As forecast, all three major segments reached at least 100 in the sentiment index as the Semiconductor score recovered back to 100 and Passive components sustained a score of 102.1,” explained ECIA Chief Analyst Dale Ford. “Leading the parade is Electro-Mechanical components with an index score of 118.6 in March. That is just the beginning of the good news as all three segments are projected to see a dramatic jump of between 14.7 and 17.9 in the April sales sentiment index. This would drive an overall average of 123.7 in April, the highest score since February 2022 if the forecast is achieved."
The report says the key takeaway from the latest survey is that positive overall sales sentiment has been sustained for a second month and survey participants are enthusiastic about future prospects in April.
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.
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