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© alexan24 dreamstime.com PCB | March 02, 2016

North American PCB book-to-bill ratio increases to 1.04

North American PCB sales and orders slumped in January 2016, but orders continued to outpace sales, bringing the book-to-bill ratio up to 1.04.
Total North American PCB shipments declined 1.6 percent in January 2016 compared to January 2015. Compared to December 2015, January 2015 shipments were down 19.2 percent.

PCB bookings fell 3.4 percent below the level of January 2015. Orders in January 2016 were down 14.3 percent from the previous month.

“Historically, January is a slow month for the PCB industry,” said Sharon Starr, IPC’s director of market research. “Although sales and orders in January were slightly below last year’s levels, orders continued to outpace sales, which brought the book-to-bill ratio back into positive territory. The ratio’s brief decline into negative territory near the end of last year is consistent with the current weak start to the new year,” she added, “but the return to positive ratios indicates the likelihood that slow growth will resume in 2016.”

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