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ECA Order Index Rises for Second Consecutive Month
September 8, 2005 |Estimated reading time: Less than a minute
The monthly order index compiled by the Electronic Components, Assemblies & Materials Association (ECA) rose in August for the second consecutive month.
The rise reflects what ECA president Bob Willis calls "modest optimism" in the manufacturing sector; an optimism that could be threatened by recent events.
"Manufacturers built up confidence during the first half of the year that was reflected in the positive jump in July and steady progress in August," says Bob Willis, ECA president. "The electronic components market will be under closer scrutiny, however, in light of confusion within the energy market and the unknown economic impact of Hurricane Katrina."
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. It is a sector of the Electronic Industries Alliance (EIA). ECA members benefit from a dynamic link into a network of programs and activities in areas such as business and technical information, market research trends and analysis, access to industry and government leaders, technical and education training, and others. For more information, visit www.ec-central.org.