ATLANTA – The electronic components sales sentiment fell to 112.3 in May, down nearly 12 points from April but still marking the fourth month of positive overall sentiment, ECIA found in its latest Electronic Component Sales Trend survey.

"Survey respondents expect the sales environment will claw back a significant amount of lost ground in June to reach an index score of nearly 120," said ECIA Chief Analyst Dale Ford. "While the May results are certainly not what had been hoped for and projected in the April ECST survey, the ECST survey results still point to a solid start for Electronics Component sales in the first half of 2024 with fairly consistent, month-to-month improvements for six months following a low of 77.8 in December."

The Semiconductor segment took the biggest hit in the May survey as its score collapsed by over 18 points to fall below 113. While not as steep as Semiconductors, the Electro-Mechanical and Passive markets also saw a significant drop as they fell by 10 and 6.8 points, respectively.

For the complete summary report, click here.

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