POS Index January 2018 through January 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.
When changing over the POS base point to January of 2018 the index will reflect a less bullish index increase in the beginning. Comparatively, January of 2018 was 9% greater than January of 2017. Similarly, January of 2019 is 11% greater than 2016 and just 2% higher than January of 2018. That being said, we continue to see growth looking at January 2019 numbers compared to January of the previous two years.
Budde Marketing’s DTAM report charting POS sales and the outlook for 2019 will be available toward the end of March. If interested, please email email@example.com to purchase a copy.