IPC — Association Connecting Electronics Industries announced the November 2017 findings from its North American Printed Circuit Board (PCB) Statistical Program. Positive year-over-year shipment and order growth continued in November. Total North American shipments were up 4.0 percent compared to the same month last year. This year to date, shipments are 2.3 % below the same period last year. Compared to the preceding month, November shipments increased 0.4%.
The book-to-bill ratio also remained high in November at 1.09. PCB bookings increased 15.8% year-on-year, raising year-to-date order growth to 5.7% above the same period last year. Bookings in November were down 3.8 % compared to the previous month.
“The outlook is positive, based on strong order growth in recent months, and on PCB book-to-bill ratios above parity (1.0) for 10 consecutive months. Although it has been retreating from a 12-year high in August, due to growth in sales, it remains strong, indicating a likelihood of continued sales growth in the coming months,” said Sharon Starr, Director of market research.
Detailed data available
The next edition of North American PCB Market Report will be available the week of January 8, 2018. The monthly report presents detailed findings on rigid PCB and flexible circuit sales and orders, including separate rigid and flex book-to-bill ratios, growth trends by company size tiers, demand for prototypes, and other timely data. More information about this report can be found here.
