> ERA Quick Connections – October 2022, Vol. 1
October 2022, Volume 1
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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 grew in September, with the overall economy achieving a 28th consecutive month of growth.
ISM reports that the U.S. manufacturing sector continues to expand, but at the lowest rate since the pandemic recovery began.
The computer and electronic products sector, and the electrical equipment, appliances and components sector, were among the nine manufacturing industries reporting growth in September.
INDUSTRY NEWS
> The Biden administration announced a new rule that will require chip manufacturers, such as Intel and Micron, to receive a license from the Commerce Department in order to sell semiconductors and chip-making equipment to Chinese companies. Read more.
> The Register reports more chip companies are reporting falling demand, with only Taiwan-based TSMC reporting higher than expected earnings for Q3.
> Tesla will to deliver 100 of its new semi-trucks to Pepsi Co. in December, according to a tweet by Tesla CEO Elon Musk. Pepsi confirmed the announcement. Read more.
> Worldwide PC shipments have declined 15 percent in the third quarter, reported Business Wire. Read more.
ERA NEWS
> Be sure to register now for Chapter Officer Leadership Training (COLT) on Nov. 2-4! COLT Training gives chapter leaders valuable tools and ideas to take their local ERA chapter to the next level of activity and excitement. This training is done in a virtual, live format and is free for ERA members. Sign up today!
> Access the ERA Bulletin Board to find new job openings, new merger/acquisition notices and posted resumes! Want to post something? Contact Karin Derkacz, ERA Operations Director.
> ERA thanks all Virtual Sales Training presenters and attendees for a wonderful, valuable event that took place last week! Attendees received tips, tricks and concrete takeaways for warm-calling with confidence, preparing for sales calls, value-based selling, what sales winners do differently, digital marketing and much more! Look out for an email in your inbox on how to access Virtual Sales Training sessions on-demand all year long.
> Manufacturers and reps: Don’t forget to submit your Reps Available company listings and Lines Available listings for the ERA/Electronica 2022 Bulletins, which will be published and distributed at electronica 2022 in Munich on Nov. 15-18. All listings are due October 21.
FOR YOUR CALENDAR
Click here to browse the searchable ERA Industry Calendar and ERA Chapter Events listings!
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