IQ Insider

Inventories Decline for Many Interconnects and Passives

Written by Supplyframe | Apr 18, 2024 8:32:00 PM

Capacitor, resistor, switch, connector, relay, and circuit protection inventories fell month-on-month in March. Resistors experienced a 13% sequential decline and dropped by over 40% in March compared to January. As a result, the Commodity IQ Lead Time Index across all resistors rose 7% in March after rising 21% month-over-month for February.