POS Index January 2017 through January 2018
The POS Index is a representation of a significant number of manufacturers POS activity that are primarily engaged in the electronic components industry. Products that will be included in the index are passive/electromechanical in nature, including (but not specific to) commodities such as wire & cable, switches, connectors, circuit protection, electronic hardware, resistors, capacitors, et.al. The index charts POS activity beginning with January of 2017 as its base point and then compares POS by month.
When starting a new calendar year, our index is structured so that the new base point is the beginning of the previous year. Therefore, January of 2017 now becomes the new base point. We have also added five new manufacturers into the mix. This will bring the number of manufacturers included in the index up to over ninety companies. The Budde Marketing POS Index is arguably the most complete benchmark of POS activity that our industry has at this time.
January of 2018 began the year with POS activity being a full 10% above January of 2017. Most manufacturers showed strong January numbers. Expect February to slow down a bit, which is very typical based on historical numbers going back several years. After a slowdown in February, expect March to be up significantly too.