ATLANTA – The electronic components sales sentiment climbed to 82.2 points for the first month of the new year, according to the Electronic Components Industry Association's January Electronic Component Sales Trends Report, marking an increase from December's numbers and beating the ECIA's outlook for the month.
“The new year rang in with encouraging results to begin 2023. Overall average sales sentiment jumped by 16.4 points from December’s reading as it climbed to 82.2 points,” said ECIA Chief Analyst Dale Ford. “This result slightly beat expectations from the December survey by 2.2 points.”
The improvement in sentiment is mostly sustained in the February outlook as the overall index drops by 4.3 points to 77.9.
“The recovery of sales sentiment scores to this range for components and markets supports a soft-landing scenario in the market that has been anticipated by most electronic component supply chain participants,” Ford said. “It is hoped that the sales sentiment can defend the gains achieved in recent months.”
The complete ECIA Electronic Component Sales Trends (ECST) Report is delivered to all ECIA members as well as others who participate in the survey. Non-members can purchase the ECST report at https://www.ecianow.org/purchase-reports.