ATLANTA – In May, all major electronic component categories achieved solid, positive sales sentiment, with semiconductors demonstrating the highest overall sentiment of 123.1 and passives coming in with the lowest average of 112.5, according to ECIA’s latest report.

The medium-term outlook paints a solidly positive picture through the third quarter of this year. Over half of respondents reported expectations of growth in the second and third quarters, with roughly 25% expecting growth above 3%.

“The results of the May 2022 Electronic Component Sales Trend Survey (ECST) continue to show positive growth expectations, despite strong economic headwinds,” said chief analyst Dale Ford, ECIA. “The overall average sales sentiment for May registered at 117.6, six points about the outlook projected last month. Over the past nine months, starting in September 2021, overall average sales sentiment has tracked within a nine-point range of 111 to 120, except for February when it surged up to nearly 130.”