US consumer confidence fell to its lowest level in 28 years in the month of June, amidst high energy costs and rising joblessness. US new orders for computer and electronic products dipped in June with US economy registering a lower retail sale when compared to the month of May.

Editor’s note: The following information is provided by IPC — Association Connecting Electronics Industries from its quarterly business report, the Supply Chain Tracker. Other industry data can be found at www.ipc.org.

US consumer confidence fell to its lowest level in 28 years in the month of June, amidst high energy costs and rising joblessness. US new orders for computer and electronic products dipped in June with US economy registering a lower retail sale when compared to the month of May.

However printed circuit board (PCB), semiconductor and electronics manufacturing services (EMS) shipments continued their upward momentum. The long-term outlook for the EMS industry remains positive with ever increasing global demand for consumer electronics.

Sources: IPC statistical programs for the EMS and PCB industries; SIA for semiconductor data; U.S. Census Bureau for U.S. new orders for computer and electronic products.