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Cowan LRA Model
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Sept 3MMA Sales A Record; Sept Actual Sales Not!
Cowan LRA Model   11/5/2013 8:26:11 PM
Hi Rich - per the subject of my post, even though September's 3MMA semi sales, as reported by the SIA, reached an industry record high monthly sales, the actual sales for September, as determined by back-calculating from the 3MMA sales numbers, represents a second record high monthly sales coming in at $29.398 billion compared to the actual record high monthly sales of $29.511 billion which occured back in Sept. 2011.  Additionally, plugging September's actual sales number into the Cowan LRA forecasting model yields sales growth expectations for 2013 and 2014 of 3.1 (NOTE: should be 4.1) percent and 4.7 percent, respectively, corresponding to 2013 and 2014 global semi sales forecast estimates of $303.45 billion and $317.83 billion, respectively. Mike Cowan (independent semi market watcher and developer of the Cowan LRA Model for forecasting global semiconductor sales).  

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