North American Printed Circuit Board Industry Sees Growing Backlog
Strong demand combined with supply chain shortages are leading to a growing backlog.
IPC recently announced the July 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.29. Total North American PCB shipments in July 2021 were up 7.3% compared to the same month last year. Compared to the preceding month, July shipments fell 15.8%. PCB year-to-date bookings in July were up 18.6% compared to last year. Bookings in July fell 4.3% from the previous month.
“The North American PCB sector continues to see strong demand, but supply chain shortages are slowing shipments, leading to a growing backlog,” said Shawn DuBravac, IPC’s chief economist. “The book-to-bill of 1.29 is a historic high, going back to the start of the IPC PCB report in 1991.”