+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
*/
News Article

e-forecasting seeing downward semiconductor trend

News
European semiconductor industry leading indicator down in May
Economic research firm e-forecasting.com announced that the European Semiconductor Sales leading indicator went down 0.4 percent in May to a reading of 202.3 after a decline of 0.9 percent  in April.  The index was set to average 100 in 2000. The indicator, comparable to the company’s other global regional semiconductor industry indicators for North America, Asia Pacific and Japan, is a forward-looking composite index that forecasts six months ahead, on average, business activity in the region for sales for semiconductors.     
             
“The European semiconductor industry leading indicator has slowed the last four months, with a significant decrease in its six month growth rate.  Now nearing zero, it shows that this region will decline later this year, " commented Dr. Evangelos Simos, Chief Economist of e-forecasting.com.  

The semiconductor leading indicator’s six month growth rate went recorded 0.8 percent in May 2011, after reaching 2 percent in April.  Consecutive positive values in the six-month growth rate predict an end to an economic recession and the beginning of an upcoming expansion.       

Two of the seven components that make up the leading indicator for semiconductor sales in the European market improved in May: US Monetary Conditions, Yield Spread and Orders to Inventories Ratio, US Electronics.  The five components that had a negative contribution to the leading indicator for semiconductor sales in the European market were: Productivity Barometer, US Manufacturing; Productivity Barometer, European Manufacturing; Non-EU Demand Prospects, Top-10 partner-countries; Change in Profit Margins, US Semiconductors and European Short-term Interest Rates.
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: