> ERA Quick Connections – Feb. 2024, Vol. 1
February 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 contracted in January for the 15th 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 January. Read the full report.
INDUSTRY NEWS
> The top 10 semiconductor vendors in 2023 in terms of revenue, with Nvidia securing a top three spot. Read more.
> Makers of new neuro-tech wearables, backed by billionaire venture capital, boast their “electric medicine” products can address a range of neurological conditions in a more targeted way than medication, by redirecting brain waves through sound, light, touch and electrical pulses. Read more.
> Honeywell will undergo an $84 million expansion to its Olathe, Ks., manufacturing plant. “Expanding this facility will enable the development of a strong and resilient domestic supply chain for next generation avionics and printed circuit board assemblies that our commercial and military customers can rely on,” said Honeywell CEO Jim Currier. Read more.
INDUSTRY TRENDS SURVEY
The February 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. 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 SURVEY RESULTS
ERA NEWS
> 2024 ERA Conference attendees, make sure to select your preferred breakout sessions ahead of time! Seats are filling up fast. Register for breakout sessions today! Each session will be offered twice. Breakout session titles, descriptions and speakers are available for your review HERE. Registering is quick and easy. Help us out and respond now!
> Registration for distributors and reps not renting space at EDS 2024 (attendees) will open in the next week! Please whitelist info@edssummit.com
Attendee registration is for those individuals whose companies have not rented an executive meeting room or hotel meeting suite. Staff of companies with space at EDS should register through their company contact. ECIA and ERA reps and distributors attend EDS free of charge as part of their annual membership. Membership is subject to verification and must be up-to-date at the time of registration.
As a reminder, EDS 2024 will take place at Resorts World Las Vegas from May 21-24. The link to book sleeping rooms at the special EDS rate will be included in your registration confirmation. This rate is only available to EDS 2024 registrants.
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