Consumer spending declined to the lowest level since 2001 in October, according to the IPC.
Staff -- EDN, December 9, 2008
Although PCB (printed circuit board), semiconductor and EMS (electronics manufacturing services) shipments on average are slightly up, supply chain sales are expected to contract in the coming months, driven by the decrease in end-product orders.
Trends in US computer and electronic products new orders vs North American sales indices of selected supplier industries, November 2007 – October 2008
Note on the graph: All indices are based on the same baseline of the average month in 2000=100, and reflect a 3-month rolling average.
Sources: IPC statistical programs for the EMS and PCB industries; SIA for semiconductor data; US Census Bureau for US new orders for computer and electronic products.
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