January 2012 Update:
The January 2012 PMI index signaled an increase to a seven month high of 54.1 points. This signals that there is still some moderate growth in the American manufacturing sector. The PMI of 54.1 is UP from the recorded PMI of 53.1 from December 2011.A PMI of 54.1 points follows along a trend that seems to indicate that the American economy may be gaining some ground. Many contract electronic manufacturers are seeing jobs coming back to America from off-shore turnkey manufacturers. Though the reasons are not specific for these jobs coming back to North America, it is still a good thing for all industries.
Pridmore Corp. has also seen an increase in backorders which seems to be in line with the current PMI data for American manufacturing sector.
Electronic components are absent from the short supply list for January 2012. We are still seeing some products suffering from extended lead-times and pushed out deliveries. However, the situation has improved greatly from what the electronics industry went through 12-13 months ago.
Overall, manufacturing still remains stable and we are optimistic yet cautious, when purchasing for your requirements we recommend that you partner with a distributor who will maintain inventory for your requirements to help you reduce any chances of a line-down shortage.
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