March 2022, Volume 1
Monthly Data Reports
> Manufacturing data reports from the Institute for Supply Management (ISM) are released at the beginning of every month and can be accessed at ISM. The latest report says economic activity in the manufacturing sector grew in February with the overall economy achieving an 21st consecutive month of growth. The computer and electronic products sector, as well as the appliances and component sector, were among the 16 industries reporting growth in February.
INDUSTRY NEWS
> Samsung is suspending shipments of all of its products to Russia, the company announced last week. This move cuts off Russia from a huge range of products, including chips, smartphones and consumer electronics, from one of the largest electronics vendors in the world. Read more.
> Semiconductor industry capital spending is forecasted to jump 24 percent this year, reported EPS News, after climbing 36 percent in 2021. Read more.
> The ongoing chip shortage is forcing Ford Motor Co. to scale back on production of its SUV and pick-up trucks at two U.S. plants, the company said recently. Read more.
ERA NEWS
> Register for the 2022 EDS Leadership Summit today! The EDS Summit, co-hosted by ERA and ECIA, is the one event that puts you in front of the right people and connects you with the hottest products and trends in the electronics industry. Whether it’s as an exhibitor, in the conference center, or during on-on-one suite meetings, EDS puts you at the forefront of global electronics. Join us May 10–13 at The Mirage, Las Vegas. Visit edssummit.com for more information and details on registration.
> Did you attend the ERA Conference in Austin and are now looking for all of the great presentation documents that accompanied the breakout sessions and general session speakers? Those files can be found in the Conference app. In the app, click on Schedule, then click on the specific session you’re interested in. Scroll down to find the presentation documents. Enjoy!
> ERA will hold its next Water Cooler conversation on Tues., March 15 from 4 to 5 p.m. EST. The guest speaker will be Steve Turner, Founder & CEO, Turner Time Management, speaking on the topic of “Effective Time Management Skills for Busy People.” Access log-in details and past Water Cooler recordings.
> Reserve your ad space now for the Spring 2022 Issue of The Representor! This issue will feature a special EDS Summit ad section. See discounted rates for the EDS section. Feature your ad in front of 3,500 electronics industry professionals!
FOR YOUR CALENDAR
Click here to browse the searchable ERA Industry Calendar and ERA Chapter Events listings!
