December 2023, Volume 2

Happy holidays from the ERA Board & Staff!

MONTHLY POS REPORTS

October 2023 dipped slightly when compared to September 2022 POS. October is tracking about 4.2 percent below the average for 2023 and running about 4 percent behind 2022 POS numbers. Most of the 150+ companies that we include in our POS Index are running slightly below their 2022 numbers. The industry is beginning to feel a definite slowdown; the last two months should help to provide a good indication of what 2024 will be like.

Merry Christmas and Happy New Year from Budde Marketing!

DTAM information is available for anyone wishing to look at larger trends in the industry. For details on Budde Marketing’s services, visit BuddeMarketing.com.

INDUSTRY NEWS

> Scientists have produced a first-of-its kind semiconductor chip that uses both light- and electronic-based components and could pave the way for 6G and even 7G mobile technology. Read more.

> The Federal Reserve in December left interest rates unchanged for the third straight meeting and is not expected to make any changes to rates at the next meeting on Jan. 30-31. The committee is widely expected to start lowering interest rates incrementally in 2024. Read more.

> A California robotics firm has flown an autonomous cargo plane with no human on board in a first for aviation. Read more.

INDUSTRY TRENDS SURVEY

The December ERA Electronic Components Industry Trend Survey is now closed.

Results from the November ERA Electronic Components Industry Trends survey are now in!

View results from November 2023!

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.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! Our survey is only made better by a robust and diverse universe of responding companies. 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 2024 ERA Conference Committee is excited to announce that Andrew Busch and Cam Marston will present as General Session speakers at the sold-out 2024 ERA Conference. Andrew Busch will present “Future Economy: Growth Opportunities” and Cam Marston will present “Selling Across the Generations” to Conference attendees. Read the full press release.

> The Representor editorial staff is now accepting advertising requests for the Winter 2024 issue, which will be bonus-distributed at the 2024 ERA Conference! Submit your ad request online by Friday, January 5. This issue will be mailed and delivered digitally to approximately 3,500 qualified rep, manufacturer and distributor industry members. You do not need to be an ERA member to advertise! View classified ad rates & sizes and display ad rates & sizes. Questions? Email Clare Kluck, ERA Communications Director.

> With profound sadness, ERA must announce the passing of Chuck Tanzola, CPMR, ERA Board President, and vice president at Fusion Sourcing Group. Chuck served ERA and the industry faithfully and selflessly for many years. He served the past two terms as Chairman of the Board and Board President. ERA knew Chuck as a voice of calm and reason who governed ERA as a thoughtful, fair and sensitive leader. His presence will be greatly missed. Read more.

FOR YOUR CALENDAR

Browse the searchable ERA Industry Calendar for upcoming national and local chapter events!

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