Business is Excellent and Confidence is High about the Future
2017 ended on a high note for the electronics industry, and connector manufacturers are optimistic about 2018.
The connector industry’s strong performance in 2017 has created an environment of optimism as we settle into the new year. In our recent surveys of the industry, we’ve found high expectations for continued growth in the months ahead. Strong business conditions around the world are expected to continue as innovative electronics proliferate and integrate in new areas, creating growth and opportunity in every market. Here are the numbers.
The December Confidence Index is 99.1, about the same as November at 99.3.
The World Connector Confidence Index (WCCI) is the average of all responses for “present situation” and “future expectations.”
Present Business Expectations
Industry personnel were asked, “What is your appraisal of current business conditions: positive, negative, or neutral?
Japan is the only region not at 100%.
Industry personnel were asked, “What is your expectation of future business conditions six months from now: positive, negative, or neutral?
All regions are at 100%.
Twice a year, Bishop & Associates publishes a new connector industry forecast by region and market sector. For more information the latest forecast for the electronic connector industry click here.
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