December 2023, Volume 1
MANUFACTURING 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 contracted in November for the 13th consecutive month after a 28-month period of growth.
The electrical equipment, appliances and components sector, as well as the computer and electronic products sector, reported contraction in November. Read the full report.
INDUSTRY NEWS
> Creating an image with generative AI uses as much energy as fully charging a smart phone, according to a new research study. Read more.
> The global semiconductor market is expected to reach $520 billion in 2023, reports ESIA, and is expected to rebound in 2024 to reach $588 billion. Read more.
> The White House announced 30 actions to bolster supply chains at the first meeting of President Biden’s supply chain resilience council last week. Read more.
INDUSTRY TRENDS SURVEY
The December ERA Electronics Components Industry Trends survey is now open and accepting responses from ERA member firms!
Please note: ERA sends this survey monthly to one contact from each ERA member firm via email. Please be on the lookout for this survey in your email inbox. If you don’t see it, check all email folders, including spam. The email will come from no-reply@mail.client.
Help us make this survey a valuable resource for you and the rest of our members by taking 5 minutes to complete this each month. The results are visible only to ERA members and gives us a great cross-section of what our members see on the horizon for the near and long term.
VIEW 2023 SURVEY RESULTS
ERA NEWS
> The ERA White Pin Internship program is now accepting applications for 2024! This internship program offers a manufacturers’ rep (who is an ERA member) a chance to hire a college student as a summer intern, with ERA and the White Pin group subsidizing a substantial portion of the anticipated internship cost. Read more information about the program! Apply as rep, or apply as an intern.
> If you did not have the chance to attend the live STEP 2023 event, but still want to access the event’s valuable educational content, the STEP 2023 recordings are now bundled and available for purchase. The STEP 2023 archive is available to ERA member individuals for $295 and to non-member individuals for $395. Happy learning!
> IMPORTANT EDS SUMMIT 2024 INFORMATION:
- Only Early Space Reservation for Exhibitors is currently open. If your company has had space at EDS in previous years, you should have received an invitation email from EDS Management inviting you to begin the registration process. Please contact info@edssummit.com if you have not received that email. Note: all invoices must be paid by Dec. 31 in order to receive the Early Bird pricing.
- Attendee Registration will open in mid-January. If you have registered to attend EDS in prior years, you will receive an invitation email from EDS Management with the passcode that you need to access the online registration system.
- Mirage Hotel Reservations – The booking link to reserve sleeping rooms at the Mirage will be emailed to you by EDS Management when your registration is confirmed. ONLY BOOK SLEEPING ROOMS AT THE MIRAGE VIA THE LINK PROVIDED IN A COMMUNICATION FROM EDS MANAGEMENT. There are many rooming scams circulating via email, particularly ones that say that Mirage is sold out or close to selling out. EDS Management has sufficient rooms for EDS 2024 and if rooms are not booked through the official EDS Management link, EDS Management will be unable to help you if a problem arises. Please exercise caution when viewing any email referring to EDS that does not actually come from EDS Management.
FOR YOUR CALENDAR
Browse the searchable ERA Industry Calendar for upcoming national and local chapter events!
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