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Industry Personnel Continue to Forecast Prices Will Increase

Price Analysis
The Price Index for July is 3.441 from June at 3.394. Industry personnel believe connector prices will increase slightly in the next six months, putting the index to 3.255.

Industry personnel were asked, “In your opinion, what happened to connector prices in the past six months, and what will happen during the next six months?” 
The results of the April 2008 survey are shown in the following table.

Change in Connector Prices

A price index above 3.000 means industry personnel believe prices have, or will increase.

Methodology: Increase a lot = 5; Increase a little = 4; Stay the same = 3;  Decline a little = 2; Decline a lot = 1

The following table displays the distribution of responses on the question of prices.

 Distribution of Respondents

Connector Price Index – Prices 6 Months From Now

A price index above 3.000 means industry personnel believe prices have, or will increase.

Lead Time Analysis
Industry personnel were asked, “In your opinion, are lead times increasing, staying the same, or decreasing now and in six months from now?”

The following table provides the survey results, including distribution of responses:

Order Lead Times on Connectors

  

Industry personnel put lead times at 4.5 weeks and predict they will be 4.8 weeks six months from now.

 

 

Bishop & Associates, Inc. © 2007