December Industry Sentiment
Sales Outlook for December Softer but Still Growing
Dale Ford, Chief Analyst
ECIA’s Electronic Component Sales Trend (ECST) monthly survey has tracked the month-to-month swings in North American electronic components sales through the unforgettable year 2020. The precipitous decline heading into the summer months followed by the dramatic rebound in the second half of the year has created a daunting challenge for participants up and down the supply chain. In measuring actual results of month-to-month sales, the resilience of electronic component sales is illustrated in the figure below. The data presented in this sales index indicate growth when the results are above 100 and declining sales below 100. From August through November, the results reported by component manufacturers, distributors, and manufacturer representatives reveal a strong and consistent growth trend. In spite of serious concerns about both supply and demand impacts in the early stages of the COVID-19 pandemic, it appears sales levels for 2020 will remain fairly stable compared to 2019 with some sectors showing relatively mild declines and others actually achieving growth.
Member of the Week - Sager Electronics
Congratulations to Sager Electronics, ECIA's Member of the Week.
Sager Electronics is a North American distributor of Interconnect, Power and Electromechanical components and a provider of value-add solutions. Sager’s President Frank Flynn has been an active member of ECIA and its predecessor NEDA since 1999, serving on the board of directors for both entities and also on the EDS board. A past recipient of the Gail S. Carter Award, Frank was recently named ECIA’s Board Chairman and addressed the importance of serving the industry.
“As a longstanding member of ECIA, I am a great believer in the association. ECIA provides a forum for advancing ideas, addresses the needs of the supply chain and creates standards we rely on to conduct business. Throughout my involvement, I’ve had the unique opportunity to work alongside professionals from different organizations with different ideas, but who all share the common goal of strengthening our industry. It is through our volunteerism that ECIA continues to grow and evolve, and I encourage everyone to contribute their time and talents.”
We applaud the Sager team and thank them for their support!
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Industry Dashboard
ECST Survey
The Electronic Component Sales Trends (ECST) tracks viewpoints on the sales of electronic components and the impact on end markets by surveying ECIA members, their peers and colleagues. The surveys sample individual opinions of knowledgeable professionals in the electronics industry on current monthly/quarterly performance and a look ahead to future expectations. Please take a moment to share your opinion and complete these surveys; each participant receives the survey results report.
- Monthly (Note – The monthly survey is open the first three weeks of the month.)
- Quarterly (Note – The quarterly survey is open February, May, August and November.)
Coronavirus Resources Page
ECIA's Coronavirus Resources page is dedicated to providing you a curated list of reputable sites and reports on the pandemic. It is updated as new information becomes available - visit it often to stay up-to-date on industry statistics, government mandates and health notifications. There is an expanded member-only page, log in to access. Update from EEOC 12/18.
Q1 Update February 8, 2021
The Global Industry Practices Committee will hold a Q1 update hosted by Don Elario, committee members and the SME (Subject Matter Expert) resource pool members. The Committee will report on continuing initiatives, as well as new ones launching in 2021. Click here to register for this informative webinar!
For more information on GIPC activities, please contact Don Elario.
2021 ECIA Executive Conference - Save the Dates! October 24-26 | Loews Chicago O'Hare
More than ever, we look forward to reuniting at the industry's premier executive event!
Many presentations offered at the conference hold up in relevance year after year. Enjoy a look back at the videos from the 2019 Executive Conference.
Newsletter
January 20, 2021
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In the continuing effort to minimize risk to attendees, the EDS board voted to move the 2021 event from May to August 30th - September 2nd. The change in dates also moves the start day to Monday rather than the traditional Tuesday kickoff –and run through Thursday, September 2. We hope this move increases sponsors’ and attendees’ confidence and attendance given the high probability of vaccine availability to all by early summer. The EDS Board thanks the Mirage Hotel - we have worked together to provide these alternative dates allowing the event to remain at the hotel. 
