FOR IMMEDIATE RELEASE
Maria E. Simos
65 Newmarket Road
Durham, NH 03824
e-forecasting.com releases Worldwide Chipe Sales for September
LEADING INDICATOR FOR WORLDWIDE CHIP SALES FELL IN SEPTEMBER
Durham, NH – November 5th 2008
– Economic research firm e-forecasting.com this morning announced the September release of its Global Semiconductor industry leading indicator, World-SLI.
The new indicator, comparable to the company’s global regional semiconductor industry indicators for Europe, Asia Pacific, North America and Japan, is a forward-looking composite index that forecasts six months ahead, on average, business activity for the global market for semiconductors. All indicators, including the World-SLI, is released on a monthly basis. Following a decline of 0.4 percent in August, the Global semiconductor leading indicator fell by 0.6 percent in September to a reading of 198.4. The index was set to average 100 in 2000.
“Prices for semiconductors are important for productivity, costs, profitability and competitiveness. Following an increase of 0.5 percent in August, prices as measured by a composite of the four regions, fell 0.5 percent in September. Year over year, this is a 3.4 percent decrease from the same month a year ago” CEO Maria Simos noted. “Looking forward, the only region that had a positive impact on the leading indicator was Japan.”
e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary real-time economic indicators and produces company and industry-specific leading indicators for its clients. In cooperation with its affiliate, Infometrica, Inc., e-forecasting.com works with business publications and clients across the globe to provide industry, country and state-level economic content on a monthly and quarterly basis thus their predictive intelligence input is used by practitioners around the world.
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