Wk 11 Electronics Supply Chain Digest

Electronics Supply Chain Weekly Digest 3-15-24.

DATAPOINT OF THE WEEK: S&P reported February global Electronics PMI downticked to 47.9 from 48.8 in January signaling a sustained and more pronounced deterioration in operation conditions across the global electronics manufacturing sector.

A renewed decline in output was driven by a quicker fall in new work intake, leading to a reduction in purchasing activity and employment levels. New orders also at a faster pace M/M with declines across US, Europe and Asia.  Post-production inventories held by electronics firms contracted for the eighth month in a row during February, though at the softest rate seen since October 2023.






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