> ERA Quick Connections – Sept. 2023, Vol. 1

September 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 August for the tenth consecutive month after a 28-month period of growth — although a month-over-month increase was a small sign of improvement.

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

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INDUSTRY NEWS

> Though cost pressures continue to impact the electronics industry, product demand and inventories remain positive, according to IPC’s August 2023 Global Sentiment of the Electronics Supply Chain Report. Read more.

> The U.S. and Vietnam have agreed on billions of dollars in business deals and partnerships led by companies including Boeing, Microsoft and Nvidia, after the two countries have seemingly united in response to China’s growing influence, reports the Financial Times. Read more.

> A new SupplyChainBrain podcast discusses how sanctions and the ongoing trade war between the U.S. and China are affecting the electronics components supply chain. Listen here.

ERA NEWS

> ERA is pleased to announce that TTI Family of Specialists (TTI FOS) is the new exclusive sponsor of ERA’s STEP training for the next four years, beginning with the 2023 STEP event in October. STEP (Sales Training for Electronics Professionals) will be conducted for the third consecutive year on October 17-19 in a live, virtual format. The program aims to provide frontline sales and marketing experts an opportunity to receive updated selling tips to help them navigate these ever-changing times. Read the full press release.

> Join us for TODAY’S ERA LIVE at 4 PM ET, where ERA staff will guide attendees through what’s new at ERA! Hear from us first-hand all the exciting new member services and improvements made at ERA in the past year. No registration required. Read more information and access log-in details.

> COLT — ERA’s live, virtual chapter officer leadership training program — will take place Nov. 1-3, and registration is now open! Chapter officers, or those interested in pursuing a chapter leader role, are encouraged to attend and gain creative ideas and practical knowledge about increasing member engagement and excitement in their local ERA chapter. View more information and register.

FOR YOUR CALENDAR

Click here to browse the searchable ERA Industry Calendar and ERA Chapter Events listings!