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'Moderate Optimism' for Components

Published: 15 June 2009
 by Staff
ARLINGTON, VA -- The 30-day average orders of electronics components leveled in May, offering hope for the coming months.

The 12-month order results also leveled "a bit" year-over-year, the Electronic Components Association said.

While based on only one month of order reports from electronics component manufacturers, the data reflect "signs of hope," ECA said in a press release.

“Everything seems to be pointing at moderate optimism for the electronic components market,” says Bob Willis, ECA president. “It’s not exactly party time, but any good news is welcome. Most signs point toward market improvements in the second half of 2009.”
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