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To: Johnny Canuck who wrote (36741)4/12/2002 5:15:16 AM
From: Johnny Canuck  Respond to of 68173
 
Connector Book-to-Bill Ratio Turns Positive

By Bernard Levine -- Electronic News, 4/5/2002

Some good news for the connector industry: the connector book-to-bill (BTB) ratio has turned modestly positive this year, and more slow growth is expected. Connector makers who had a tough 2001 should be relieved that business is now heading back in the right direction.

Market research house Bishop & Associates, St. Charles, Ill., which recently began compiling the connector book-to-bill numbers, noted February’s ratio hit 1.06. Bishop predicts a worldwide connector market this year of almost $27 billion, up 5.5 percent from 2001, with most growth expected in the second half. The market last year was around $25.6 billion, down 19.1 percent from $31.6 billion in 2000.

The connector industry achieved a positive book-to-bill ratio in January and February 2002, ending 12 consecutive months below 1.0, according to Bishop, whose numbers are currently calculated from actual sales and orders of companies that cumulatively represent 15 percent of world connector demand.

"The 1.05 and 1.06 BTB ratios in January and February 2002 are encouraging signs," the market research house said in its latest report. "However, the industry’s new order rate is still significantly below last year. On a year-to-year basis, January was down 26.2 percent, and February was down 13.2 percent. On a consecutive month basis, January 2002 was up 6 percent over December 2001, and February 2002 was up 5.6 percent from January 2002."

For more details, please see Monday's (4/8) edition of Electronic News.

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