Chart 1 U.S. Civilian Unemployment Rate 11 10 9 8 % 7 6 5 4 3 2 14710147101471014710147101471014710147101471014710147101471014710147101471014710147101471014710147101471014710147101471014710147 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.bls.gov/news.release/empsit.a.htm
Chart 2 U.S. Consumer Confidence 160 140 120 100 80 60 40 20 0 14710147101471014710147101471014710147101471014710147101471014710147101471014710147101471014710147101471014710147101471014710147 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Conference Board http://www.conference-board.org/data/bcicountry.cfm?cid=1; future.aae.wisc.edu/data/monthly_values/by_area/998?area=us
Chart 3 70 U.S. PMI "Purchasing Managers" Index Institute of Supply Management Diffusion Index, >50 = Growth 65 60 55 50 45 40 35 30 PMI 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 ISM (Institute of Supply Management)
Chart 4 Industrial Production World % Change vs. One Year Earlier Britain Czech Republic France Germany Italy Netherlands Russia Spain Euro Area + 1.2 + 4.3-0.1 + 1.4 + 0.1 + 0.8-5.4 + 2.7 + 0.8 www.economist.com + Eurostat Canada USA China India Malaysia Vietnam Singapore S Korea Taiwan Thailand Japan - 2.1 + 1.4 + 6.1 + 4.1 + 4.1 +11.1-2.4-2.8-3.2-7.6-4.0
Chart 5 Global "Purchasing Managers" Index Diffusion Index, >50 = Growth 60 55 50 45 40 35 30 PMI 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 kit Economics
Chart 6 Purchasing Managers' Indices e vs. 2015 World 51 51.3 USA Europe 52.5 52.2 52.8 53.5 China 49.6 49.2 S Korea 46.1 47.8 e Taiwan Japan 46.3 49.3 51 50.9 Above 50 = Growth Below 50 = Contraction 46.0 48.0 50.0 52.0 54.0 56.0 PMI kit Economics, JPMorgan and ISM
Chart 7 Eurozone "Purchasing Managers" Index Diffusion Index, >50 = Growth 65 60 55 50 45 40 35 30 PMI 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015 kit Economics
Chart 8 European Purchasing Managers' Indices e vs. 2015 Europe Germany 51.1 52.5 52.2 51.9 e UK France Italy 49.4 50.5 51.4 51.9 Above 50 = Growth Below 50 = Contraction 54.1 54.8 Spain 54.5 55.8 Sweden 52.8 54.8 Czech 55.5 56.9 Russia 47.6 48.7 47.0 49.0 51.0 53.0 55.0 57.0 PMI kit Economics
Chart 9 Asian Purchasing Managers' Indices e vs. 2015 India 51.3 52.6 Indonesia 47.1 47.8 e Vietnam 52.2 54.8 Japan 50.1 50.9 S Korea Taiwan 46.1 46.3 47.8 49.3 Above 50 = Growth Below 50 = Contraction China 49.6 49.2 46.0 48.0 50.0 52.0 54.0 56.0 PMI kit Economics
Chart 10 U.S. Electronic Equipment Order & Shipment Growth Computer, Communications, Measurement & Control and Military 1.30 1.20 1.10 3/12 Rate of Change Shipments Orders Zero Growth 1.00 0.90 0.80 0.70 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.census.gov/indicator/www/m3/
Chart 11 U.S. Electronic Equipment Orders & Shipments Computer, Communications, Measurement & Control and Military 34 32 30 28 26 24 22 20 18 16 14 $ Billions (monthly, seasonally adjusted) Orders Shipments Thousands 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.census.gov/indicator/www/m3/
Chart 12 U.S. Electronic Equipment Orders Monthly Data Thousands 36 34 32 30 28 26 24 22 20 18 16 14 12 10 8 6 4 2 0 $ Billions (monthly, seasonally adjusted) Medical, Measuring & Control Search & Navigation - non Military Communication- non Military Computer & Related Military-Search & Navigation Military-Communications 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015 www.census.gov/indicator/www/m3/
Chart 13 U.S. Electronic Equipment Orders Monthly Data 16 14 12 10 8 6 4 2 $ Billions (monthly, seasonally adjusted) Search & Navigation Electromedical, Instr & Control Communication Computer Defense 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.census.gov/indicator/www/m3/
Chart 14 U.S. Vehicle Shipments 30 US$ Billion Lt Trucks & Utility Vehicles Heavy Duty Trucks Automobiles 25 20 15 10 5 0 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 9 1 5 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.census.gov/indicator/www/m3
Chart 15 U.S. Military Electronics Orders & Shipments Defense Communication & Search & Navigation Equipment 6 5 4 $ Billions (monthly, seasonally adjusted) Orders Shipments 3 2 1 0 Thousands 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.census.gov/indicator/www/m3/
Chart 16 U.S. Electromedical, Measurement & Control Equipment Orders & Shipments 10 $ Billions (monthly, seasonally adjusted) Orders 9 Shipments 8 7 6 5 4 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 www.census.gov/indicator/www/m3/
Chart 17 U.S. Production: "Other" Electronic Components (excludes semiconductors) Orders & Shipments 9.0 8.0 7.0 $B (Seasonally Adjusted) Orders Shipments 6.0 5.0 4.0 3.0 2.0 Thousands 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 Calendar Year http://www.census.gov/indicator/www/m3/
Chart 18 U.S. Production: "Other" Electronic Components (excludes semiconductors) US Component Inventories / US Electronic Equipment Orders 0.55 0.50 0.45 0.40 0.35 0.30 0.25 0.20 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 Calendar Year www.census.gov/indicator/www/m3/
Chart 19 U.S. Passive Component Orders vs. U.S. PMI 1.8 1.6 1.4 3/12 Rate of Change PMI Passive Orders Zero Growth 1.2 1.0 0.8 0.6 0.4 PMI leads passive components orders by 1-3 months and is more volatile 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 Institute for Supply Management www.ism.ws/ U.S. Dept of Commerce
Chart 20 1.3 1.2 Rigid & Flexible PCB Book/Bill N. America B/B (3-month avg) 1-month 1.03 1.1 1.0 0.9 0.8 3-month avg 0.7 0.6 0.5 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 IPC
Chart 21 N. America Rigid & Flexible PCB Orders & Shipments 3/12 Rate of Change 1.8 1.6 1.4 1.2 1.0 0.8 0.6 PCB Shipments PCB Orders 0.4 Zero Growth 0.2 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 Calendar Year Data: IPC T/MRC & http://www.census.gov/indicator/www/m3/
Chart 22 N American Rigid & Flexible PCB Shipments & Orders 250 200 $M (statistical sample of about 50% of producers) Shipments Orders 2014/2013 Rigid & Flex PCB Shipment Growth: -0.8% 150 100 50 0 1 3 5 7 9 11 1 3 5 7 9 11 1 3 5 7 9 11 1 3 5 7 9 11 1 3 5 7 9 11 1 3 5 7 9 11 1 3 5 7 9 11 1 3 5 2008 2009 2010 2011 2012 2013 2014 2015 Note: IPC survey captures "market" not domestic production. About 15% of the above represents imported boards resold by N American PCB producers in survey. IPC
Chart 23 N America CCG PCB Leading Indicator vs. N America Rigid & Flex PCB Shipments 1.8 3/12 Rate of Change 1.6 PCB Shipments PCB Leading Indicator 1.4 Zero Growth 1.2 1.0 0.8 0.6 0.4 05 06 07 08 09 10 11 12 13 14 15 Source: Custer Consulting Group Calendar Year
Chart 24 Present Growth Rates (%) U.S. Economy & Electronics Industry Latest Annual 3-Month Month Growth Growth Electronic Component $ Rigid & Flex PCB Orders (N Amer) 5/15 104.8 101.5 Rigid & Flex PCB Shipments (N Amer) 5/15 98.0 95.8 Electronic Component Orders 5/15 114.2 127.5 Electronic Component Shipments 5/15 112.4 127.3 Semiconductor Shipments to N America 4/15 112.5 112.2 U.S. Electronic Equipment Orders $ Computer & Related 5/15 86.6 90.6 Communication 5/15 101.5 94.9 Medical, Measurement & Control 5/15 111.5 109.2 Search & Navigation 5/15 127.6 105.4 Defense Capital Goods 5/15 91.3 72.4 Military Electronics 5/15 128.2 102.8 Total Electronic Equipment 5/15 108.8 103.0 U.S. Industrial Production 5/15 103.8 102.0 NOTE: 3 month growth rates compare most recent 3 months to same 3 months one year earlier
Chart 25 IT Spending, World Communications Services 1,492 1607 1624 1641 IT Services Enterprise Software Data Center Services 136 142 140 140 310 314 300 285 914 955 932 906 2015 2014 2013 2012 Devices 654 693 677 676 Gartner 7/2015 & prior reports 0 500 1,000 1,500 2,000 $ Billion
Chart 26 Smartphone Unit Sales & % of Total Cellphone Shipments 2010-2015 450 400 350 300 250 200 150 100 50 0 Units (Millions) 712M, +47% 975M, +37% 1,260M, +29% Annual total in million units, annual growth % % of Total Mobile Phones 1,495, +19% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2012 2013 2014 2015 Smartphone 152 165 177 218 212 226 246 291 278 293 315 374 337 350 373 435 % Smartphone 37 40 41 45 51 52 53 58 62 65 67 69 72 74 77 80 100 90 80 70 60 50 40 30 20 10 0 IC Insights 7/15 (2012 to 2015 data)
Chart 27 Smartphone vs. Non Smartphone Shipments 2010-2015 450 Units (Millions) 400 350 300 250 200 150 100 50 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2010 2011 2012 2013 2014 2015 Smartphone 56 63 82 100 102 107 116 155 152 165 177 218 212 226 246 291 278 293 315 374 337 350 373 435 non-smartphone 262 262 267 288 266 266 273 270 259 248 255 266 204 209 218 211 170 158 155 168 131 123 111 109 ABI 12/12 (2010 to 2011 data), IC Insights 7/15 (2012 to 2015 data)