Electronics Limps to the End of 2022

Electronics Limps to the End of 2022

The close of 2022 looks undeniably grim for the electronics supply chain. Two U.S. indices in November – the PMI and component sales trends – fell to their lowest levels since May of 2020. The ECIA’s components survey collapsed to 58.1, well below the growth threshold of 100. The ISM’s PMI declined to 49; readings…

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