ARLINGTON, VA -- Electronic component orders fell in December for the second consecutive month, according to the monthly index compiled by the
Electronic Components Association (ECA). The 12-month average, comparing 2008 results to those from 2007, continued a descent that began this summer.
“Most manufacturers have seen declining results in November and December,” says Bob Willis, ECA president, in a press release. “There may be a modest positive bump in the first quarter of 2009 as inventories are adjusted, but there is little or no significant growth anticipated until the late third or fourth quarter.”