This is good news for manufacturers and distributors.
July’s component sales sentiment took a sharp upward turn, leading many to believe that the excess inventory at manufacturers has begun to normalize. The ECIA expects another sharp increase this month, bringing the market close to a balance.
This is good news for manufacturers and distributors. It is evidence that manufacturers continue to receive and ship orders and gives a glimpse of light at the end of the tunnel for distributors who were caught holding the bag at the end of last year when OEM’s began to cancel orders.
