04 Nov 2020 -
 General

IPC: PCB industry sales up 7% in U.S. for September

PCB bookings in September grew 17.2% year-over-year and increased 59.1% from the previous month, reports the IPC, the U.S. electronics industry trade-body. The book-to-bill ratio stood at 0.93.

“Monthly PCB orders and shipments were up sharply in September, near their respective highs for the year. Some of the gains in September were likely the result of month-to-month variations that naturally exist in the PCB market,” said Shawn DuBravac, IPC’s chief economist. “Orders and shipments continue to cool following a large jump in the immediate aftermath of the pandemic. Shipments over the last three months are just below the prior three months, while bookings are off 16.7 percent.”

Copyright IPC 2020

The book-to-bill ratios are 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. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to twelve months. A ratio of less than 1.00 indicates the reverse.

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