July 2021, Volume 1
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 June with the overall economy notching a 13th consecutive month of growth. Of the 18 manufacturing industries included in the report, the computer and electronic products sector was one of 17 industries reporting growth in June.
The worldwide contract manufacturing market experienced a 7.1 percent increase in revenue with the industry reaching an all-time high of $595 billion in 2020. The growth was led by top-tier electronics manufacturing services companies performing at a higher level of growth from 2019. Read more at EPSNews.
Strong demand across the entire IC market in 2021 is projected to increase sales for the total IC market by 24 percent and break through the $500 billion plateau for the first time in history. The market is forecast to see continued growth next year and again in 2023 when worldwide IC revenues are projected to exceed $600 billion for the first time. Read more at Design-Reuse.
North American Printed Circuit Board (PCB) shipments were up 9.1 percent in May 2021 compared to the same month last year. However, May shipments fell 0.2 percent from April 2021. Read more at EDACafe.
Don’t miss today’s ERA Water Cooler session at 4 p.m. EDT. The discussion, “Innovative Marketing Strategies,” will be led by ERA CEO Water Tobin and panelists Ken Bellero of Schaffner EMC Inc.; Tom Griffin, CPMR, of Catalyst Unity Solutions; and Graham Kilshaw of Lectrix. For more information and login details, visit WaterCooler.
Save the date for ERA’s new Virtual Sales Training educational course, scheduled Sept. 21 – 23, 2021. The program will offer nine 75-minute sales training modules. Official registration for the event will open in mid-July. Read more at ERASalesTraining.
The ERA Conference Committee has selected the theme “A New Day, A New Way” for the 2022 ERA Conference scheduled Feb. 27 – March 1 in Austin, Texas. Under the leadership of Conference Chair, Bryan White, CPMR, and Conference Vice Chair, Lori Bruno, the 2022 Conference Committee is busy planning another dynamic educational event. Read more at ERAConference.
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