BANNOCKBURN, IL — The 90-day moving average shipments of printed circuit boards by North American fabricators in August rose 15.1% from a year ago.
Compared to the preceding month, shipments rose 7.5%, said IPC.
Year-to-date bookings in August were down 7.7% compared to last year. Bookings in August increased 12.7% from the previous month.
The book-to-bill ratio for the month was 0.98, flat sequentially and below the benchmark 1.0 level indicating future growth. The ratio is calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample.
“The PCB sector's book-to-bill ratio remains unchanged this month, but the underlying data suggests some marginal improvements,” said Shawn DuBravac, chief economist, IPC. “Shipment strength improved notably this month, consistent with easing supply chain constraints. Order flow was less negative this month, suggesting a small uptick in demand compared to earlier this year.”
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