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ECA reports flat August - Off the Shelf - Electronic Components, Assemblies and Materials Association - Brief Article

THE ELECTRONIC COMPONENTS, ASSEMBLIES & MATERIALS Association (ECA) of Arlington, Va., reported little to no movement in its August electronic component index, which closes the summer on a flat note. Association officials noted that any recovery has been pushed back to the final four months of the year. "The economy and electronic component sales are both waiting on optimists to outnumber the pessimists, while most linger somewhere in between," said Bob Willis, ECA president. Willis noted that the distribution channel continues to struggle with an inventory surplus. "Manufacturers and distributors are having trouble moving these inventories as demand increases for newer and smaller components."

COPYRIGHT 2002 Reed Business Information
COPYRIGHT 2002 Gale Group

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