POS Index January 2018 through September 2019
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 2018 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 2018 now becomes the new base point. The number of manufacturers included in the index is 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.
September of 2019 bounced back from the previous four months and showed a 6% increase over the September 2018 POS numbers. September of 2019 was the second best month of the year, and 3% above the index. This year however is still collectively just 1% over 2018. It is too soon to ascertain whether or not September is a trend showing an uptick or simply a single strong month.
About 55% of the companies represented are ahead of last year and 45% are behind last year POS numbers.
Budde Marketing’s DTAM report is available for anyone wishing to look at larger trends in the industry. If interested, please contact email@example.com to purchase a copy.