From: John Conover <john@email.johncon.com>
Subject: forwarded message from John Conover
Date: Sat, 15 Mar 1997 00:18:53 -0800
Interesting. If I am not mistaken, a half a trillion bucks is a little
under 10% of the US GDP, in rough numbers. I don't have the data at my
finger tips, (I'm busy, and don't want to search though johncon's
databases, so I might be incorrect, but if you want to pursue the
issue, see http://www.stat-usa.gov to verify,) but the automotive
industry, the mainstay of American biz in the last half of this
century is less than this number, (GM about a tenth of a trillion,
Ford and Chrysler, less, although Ford and Chrysler may have swapped
positions in the economic food chain relatively recently.) If my
recollections are correct, then this century went rail roads, steel,
cars, and finally, electronics, in that order.
I have no idea of what significance that is.
John
BTW, I do have an idea. If you look at management paradigm, it is
formed by the industries it has to manage, (from chipping flint, to
cultivation of flowering grasses-rice and corn-to high tech.) For
example, Harvard'ism, (MBO, break even analysis, stock prices are
related linearly to dividends, etc., and all that stuff,) is an
automotive "smoke stack" paradigm, a la Alfred Sloan, et al. Not to
mention Carnige's management paradigm of the steel industry. Since
electronics is the engine of the information age, what is the new
management paradigm? For example, we can run metrics on how many
crank shafts were assembled, but how do we measure how much
information was generated? If we can't do that, then where does MBO
fit in? Not to mention the legal issues of summary termination for
lack of performance in the information age.
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Message-ID: <"Rx3so3.0.dD5.d_aAp"@netcom8>
From: John Conover <conover@netcom.netcom.com>
To: John Conover <john@email.johncon.com>
Subject: ****US Electronic Sales Top $409 Billion In 1996 03/14/97
Date: Fri, 14 Mar 1997 14:51:41 PST
ARLINGTON, VIRGINIA, U.S.A., 1997 MAR 14 (NB) -- By Bill
Pietrucha. US factory sales of electronics equipment, components
and related products enjoyed another record breaking year in 1996,
topping $409 billion for the first time. The $409 billion represented
a nine percent increase over 1995 sales figures of $373.6 billion,
according to figures released today by the Electronic Industries
Association (EIA).
"Electronics sales continue to out perform the economy as a whole,
EIA president Peter F. McCloskey said in releasing the statistics.
"Our forecasts for 1997 indicate another record breaking year on
the horizon."
According to the figures, compiled by EIA's Marketing Services
Department from US Department of Commerce statistics, the
telecommunications sector enjoyed the greatest increase, climbing
15 percent from 1995 sales figures of $54.9 billion to $63.5 billion.
The computers and peripherals industry sector also saw double digit
growth, jumping 13 percent to $84.3 billion over the 1995 figure of
$74.5 billion.
The electronic components and other related products categories
both grew by nine percent over 1995. For electronic components,
sales went from 1995's record breaking $103.8 billion to an even
bigger record breaking $112.8 billion in sales for 1996. The other
related products category rose from $57.4 billion in 1995 to $62.7
billion in 1996.
Sales of electromedical equipment almost kept pace with electronic
components, growing by eight percent from 1995 sales figures of
$9.7 billion to $10.5 billion in 1996.
The consumer electronics category, which includes domestically
manufactured audio, video and blank media products, jumped by
six percent, along with industrial electronics sales.
The six percent consumer electronics rise was reflected in sales
climbing to $11.3 billion in 1996 over 1995 figures of $10.7 billion,
while the industrial electronics six percent jump meant $36.3 billion
in sales in 1996 against $34.2 billion in 1995.
According to EIA, substantial amounts of products included in the
telecommunications and computers/peripherals categories are sold
through consumer channels, but are not separately identified in
these areas. Consumer products sales in all categories for 1996
totaled $66 billion, according to EIA figures.
Defense communications which includes specialized and defense
related communications and tracking devices was the only category
to show a downside, dropping two percent from $28.3 billion to a
still healthy $27.6 billion sales figure for 1996.
(19970314/Press Contact: Mark Rosenker, Electronic Industries
Association, 703-907-7790. Reported by Newsbytes News
Network: http://www.newsbytes.com)
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--
John Conover, john@email.johncon.com, http://www.johncon.com/