IPC recently announced the November 2020 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.05. Total North American PCB shipments in November 2020 were up 1% percent compared to the same month in the prior year. Compared to the preceding month, November shipments fell 2.5%. PCB bookings in November rose 17.1% year-over-year and increased 13.6% from the previous month.
“PCB shipments and orders continue to be somewhat volatile but remain in line with recent trends,” said Shawn DuBravac, IPC’s chief economist. “While shipments slipped slightly below the recent average, orders rose above their respective average and are 17 percent higher than a year-ago.”
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 3-12 months. A ratio of less than 1.00 indicates the reverse.
Additional details are available at www.ipc.org.