With no major trend shifts over the last month, electronics industry sentiment was relatively unchanged from September. Product demand has held steady, with costs continuing to improve per IPC’s October 2023 Global Sentiment of the Electronics Supply Chain Report.

Though product demand weakened this month with Orders and Backlog Indexes slipping, overall electronics industry operations remain healthy per IPC’s September 2023 Global Sentiment of the Electronics Supply Chain Report.

Though cost pressures continue to impact the electronics industry, product demand and inventories remain positive, leading to a healthy supply chain per IPC’s August 2023 Global Sentiment of the Electronics Supply Chain Report.