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Electronic component orders fall in July, says ECA

Friday, August 13, 2010
By Gina Roos

Arlington, Va. — After reaching a two-year high in June, electronic component orders fell in July, according to the monthly order index compiled by the Electronic Components Association (ECA). “The 12-month average, comparing this year’s results to last year’s, continued an ascent that began last summer,” said ECA.

ECA attributes the drop to a possible retrench by manufacturers after a huge demand caused by replenishment of low inventory levels and perceived shortages of electronic components.

“There are also tangible signs that the recovery is lagging compared to last year at this time, when it was just building up steam. Another possibility is that manufacturers are taking a bit of a timeout to get a better picture of future demand — that has happened a couple of times over the past year,” said Bob Willis, ECA president, in a statement.

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