Purchasing Managers Indices

What will the New Year bring? Purchasing Managers Indices (PMIs) are a good leading indicator of present and near-term manufacturing activity by country.

Electronic equipment shipments are approaching their seasonal peak for this year. Oct '18 was up 8.4% compared to Oct '17 but only up 0.4% sequentially from Sept '18. As the consumer-driven busy season winds down, electronic equipment and component monthly sales will decline until late next spring.