cool down, manufacturing, PMI

U.S. Factory Activity Cooled in February

U.S. manufacturers may be facing a bumpy ride in Q1 as the nation’s factory activity cooled in February. New orders, production and employment all declined from January levels, according to the Institute for Supply Management (ISM), and the PMI dropped 2.4 percentage points to 54.2 percent. As long as the PMI remains above 50, the manufacturing industry continues to expand. “We are still in the…

ISM, purchasing, manufacturing, forecast

Purchasing Execs Predict Revenue, Capex & Employment Growth in 2019

U.S. purchasing and supply executives are entering 2019 with a bit less enthusiasm than 2018, although optimism remains strong for the next calendar year. Sixty-four percent of U.S. manufacturers polled by the Institute for Supply Management expect their revenue will grow by 5.7 percent in 2019, compared with the 5.1 percent increase predicted for 2018.…

manufacturing, AI, factory, production

U.S. Production Rebounds; Lead-Time Concerns Linger

After a significant cool down last month, the U.S. manufacturing industry bounced back in November with growth in new orders, production and employment. Overall, U.S. production has been expanding for 27 consecutive months, although manufacturers tapped the brakes in October. The nation’s leading production index, the Institute for Supply Management’s PMI, increased 1.6 percentage points…

Electronics OCMs and Distributors Weigh in on Shortages, Tariffs & 2019

As the electronics industry plows through calendar Q4, murmurs of uncertainty around 2019 are surfacing. Analysts say there’s a possibility that demand for electronic components will cool in 2019, and tariffs continue to fuel uncertainty throughout the electronics supply chain. “Semiconductor memory ASPs are going to fall. Semiconductor sales are going to decline. The U.S…

Optoelectronics, Sensors/Actuators, Discretes Climb Again

In 2018, a mixed bag of higher prices, shortages, and new imaging applications is driving up total optoelectronics, sensors and discrete semiconductors (O-S-D) sales by 11 percent and expected to set a ninth consecutive record-high level of combined revenues. With tight supplies of widely used power transistors and diodes driving up prices and new optical-imaging applications moving…

MCU Sales to Reach Record Highs Through 2022

The market for microcontrollers (MCUs) —the IC industry’s original system-on-chip (SoC) product category—is expected to continue hitting record-high annual revenues through 2022 after worldwide sales dropped 6 percent in 2016 because of a slowdown in MCU unit shipments. After drawing down MCU inventories in 2016, systems manufacturers stepped up purchases of microcontrollers in 2017 with unit…