Category

News

Category

September proved another sparkling month for UK distributors as billings grew 14% up compared with August and 13% up year on year. The only caveat is lengthening lead ties which will extend into the foreseeable future. By product group, semiconductors increased by 16%, Passives grew 12%, Electro-mechs rose by 8%, Component Assemblies increased by 21% and Other products were up 11%. These figures from authorised distributor (afdec) members of the professional supply chain community the Electronic Component Supply Network (ecsn) confirm the Markit/CIPS UK Manufacturing PMI findings that manufacturers are continuing to experience solid growth in new orders, output and staffing levels. September also saw overall Bookings (net sales entered) increase by 23% when compared to August ’17 and increasing by 23% on the same period last year, however the Sales by Month ‘three month moving average’ for all electronic components suggests a slowing of growth into Q4. According to…