ATLANTA – After a run of two years of overall positive sales sentiment and expectation for electronic components, the June 2022 Electronic Component Sales Trend Survey dropped below the benchmark level of 100, indicating negative sales growth, according to ECIA.

The index for all major component categories measured below 100, driving an overall average sales sentiment of 97.5 in June. Similarly, the end-market sentiment registered at 93.2 for June, in line with forecast expectations in the May survey.

“Two years ago, when the index dropped below 100 in July 2020, the index saw a strong rebound above 100 in the following month of August,” said Dale Ford, ECIA chief analyst. “However, that rebound came during a period of strong economic growth and overall consumer and industry optimism. The current economic environment is a polar opposite from two years ago. While it can be hoped the June results only reflect seasonal market behavior, other economic and industry indicators and expectations dim that prospect.”

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