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November Component Order Index Hits Two-year High, Says ECA
December 11, 2003 |Estimated reading time: Less than a minute
Arlington, Va. — The monthly order index compiled by the Electronic Components, Assemblies & Materials Association (ECA) hit a two-year high in November, marking the fourth consecutive month of growth.The monthly component report comes on the heels of overall good news for the economy and a recent prediction by research group IDC of a "tech resurrection" in 2004. An important force for the upturn, according to IDC, will be consumers as they embrace new technologies like camera phones, DVD recorders and broadband — all of which rely on electronic components.The Electronic Components, Assemblies & Materials Association (ECA) represents manufacturers and producers of passive and active electronic components, component arrays and assemblies, and materials and support services. For more information, visit www.ec-central.org.