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Distribution reported component sales in North America for Q4 CY 2015 down 0.2% compared to Q3 CY 2015. Sales for interconnect product were down 0.5% quarter on quarter, electromechanical sales up 2.7%, passive sales were down 4.6%, and semiconductor sales were up 0.1%. Display sales were up 8.2%. Book to bill for the quarter was encouraging at 1.04.
For the year, distribution reported component sales down 1.5% compared to 2014. Sales for interconnect product were up 5.6% year on year, electromechanical sales up 1.5%, passive sales were down 2.6%, and semiconductor sales were down 3.8%. Display sales were flat.
The distribution channel in Q4 continued to see a lackluster economic environment in North America. The positive book to bill for the quarter is encouraging. Add to that, US Manufacturing started the year with a rebound in output and new business growth from the lows seen during December. The U.S. Manufacturing Purchasing Managers Index picked up to 52.7 in January from the December figure of 51.2, which was a 38 month low, and began to reverse the slow down seen late last year. These are all positive signs that we could possibly see electronic component growth return for 2016 in North America. ECIA members can view an Executive Summary of the 2015 December Distributor DTAM Report on the ECIA Website in the Knowledge Center section.
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