ARLINGTON, VA -- Electronic component orders fell in January for the third consecutive month, according to the monthly index compiled by the
Electronic Components Association (ECA). The 12-month average, comparing this year’s results to last year’s, continued a descent that began last summer.
“We might just have to get used to words such as ‘downslide’ for the next several months,” says Bob Willis, ECA president. “Electronic components are the building blocks for all things electronic, so our market is inextricably linked to the economy and spending. Like everyone else, electronic component manufacturers are looking to stay as healthy as possible until better times arrive.”