Longtime industry analyst firm Bishop Associates has said it best: for the period spanning 2009 and 2010, there has been nothing approximating the definition of “normal business conditions” for the global connector manufacturing industry.
According to recent analysis from the firm:
In the first half of 2009, bookings were down 36.6 percent, and sales were down 33.9 percent. In June 2010, bookings are up 50.2 percent, and sales are up 37.5 percent. Both years set a historical low and a historical high for the halfway point.
The rest of Bishop's 2010 industry forecast assumptions reflect the firm's that opinion substantial orders and sales will continue in the second half of 2010, but demand will soften.
We shall see. But hey...interesting times!
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