April 2024, 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 expanded in March after 16 consecutive months of contraction.

The electrical equipment, appliances and components sector, as well as the computer and electronic products sector, still reported contraction in March. Read the full report.

INDUSTRY NEWS

> The U.S. economy continues to add jobs at an fast rate: Non-farm payroll employment rose by 303,000 new jobs, recording the largest monthly gain in 10 months. Read more.

> Don’t make the mistake of creating a “culture of avoidance” in your small business workplace. Read more about tips on managing conflict and using it to your benefit.

> The Biden administration said Monday it plans to send up to $6.6 billion in federal grants to the Taiwan Semiconductor Manufacturing Company (TSMC) as the chipmaking giant is planning to invest $25 billion in a third TSFC fab plant in Arizona. Read more.

INDUSTRY TRENDS SURVEY

The April ERA Electronics Components Industry Trends survey is now in your inbox! Check your inbox and fill out the survey today.

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. The email will come from no-reply@mail.client.edgewaterresearch.com. If you have questions about who the survey contact is for your organization, or would like to change this contact, please email Edgewater Research.

If you have been completing the survey monthly, many thanks! This survey is only made better by a robust and diverse universe of responding companies. Help make this survey a valuable resource for you and the rest of ERA membership by taking 5 minutes to complete this each month. The results are visible only to ERA members and provides valuable insight into what ERA members see on the horizon for the near and long term.

VIEW SURVEY RESULTS

ERA NEWS

> ERA’s Manufacturers’ Rep Toolkit has been updated and has a brand new look! The Manufacturer’s Rep Toolkit is a centralized hub of podcasts, conference presentations, webinars, videos and white papers. For industry veterans and newcomers alike, this invaluable resource can help answer questions such as: “Manufacturers’ rep v. direct sales?“ or “What is the ROI when using the rep model?”

This is a members-only tool. Check it out today in PDF or PPT format!

> Don’t forget to join us: ERA LIVE is back in session next Monday, April 15 at 4 PM EDT as presenter Sam Richter, CSP, CSAE, helps ERA debut SearchLink.ai 2.0 — with new feature ERA GPT! Richter will also give a review of SearchLink.ai as a whole and how best to customize it to your company’s needs. There will be time for attendee Q&A. Mark your calendars and read more information about SearchLink.ai.

> Where will you be in 6 weeks? We hope to see you at EDS! The discounted room rate at Resorts World ends on April 16! If you are already registered, please make sure you have ordered a badge for yourself – badges can be picked up in the registration area (second floor) and are required for entry to all EDS venues and events. If you are a rep or distributor and you used the online registration system – you are all set. If you are a manufacturer, service provider, authorized provider, press or affiliate, please check your company’s record to confirm that all attending staff are listed. Instructions for accessing your company record are in your confirmation email. Please remember that badges will not be mailed out this year and lost badges will incur a $50 reprint fee.

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