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North American EMS & PCB industry sales up in May

IPC industry results
North American EMS & PCB industry sales up in May

North American EMS & PCB industry sales up in May
“PCB demand remains strong and is showing some signs of normalization,” said Shawn DuBravac, IPC’s chief economist. “Order flow is slowing and shipments are picking up, bringing the book-to-bill into a more normal range.”

Source: Pixabay

Global industry association IPC has reported that total North American PCB shipments were up 3.4 percent and EMS shipments were up 9.4 percent in May 2022 compared to the same month last year.

PCB sales

Compared to the preceding month, PCB shipments rose 1.1 percent in May. The book-to-bill ratio stands at 1.03.

PCB year-to-date bookings in May were down 9.2 percent compared to last year and fell 10.3 percent from the previous month. “PCB demand remains strong and is showing some signs of normalization,” said Shawn DuBravac, IPC’s chief economist. “Order flow is slowing and shipments are picking up, bringing the book-to-bill into a more normal range.”

EMS sales 

EMS bookings in May increased 7.0 percent year-over-year and decreased 6.8 percent from the previous month, IPC reported. The book-to-bill ratio stands at 1.35.

“Recent results for the EMS industry continue to suggest strained supply chains. Orders have grown 11.2 percent, outpacing shipment growth of 7 percent,” said DuBravac.

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