ATLANTA – The electronic component sales sentiment index points to an acceleration in its steep decline for the December forecast, according to ECIA’s most recent survey.

This continues a significant downward trend that started in November. The previous survey results pointed to a decline of 12 points between October and November, falling to 107.3. The actual sentiment measured for November in the current survey was down 8.3 points compared to October at an overall level of 111.

The sentiment looking toward December predicts the overall average falling below 100 for the first time in 18 months. The December forecast for sales sentiment is expected to fall 15.9 points from November down to 95.2 overall.

“For many months, the analysis of the ECST survey results has emphasized that a score above 100 indicates growth expectations,” said ECIA chief analyst Dale Ford. “So, while the index numbers have fallen through the course of 2021, the overall index came in above 100 and called for some level of growth, although the December forecast will dip below that number. The longer term outlook is more positive.”

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