© IPC PCB | July 03, 2018
North American PCB industry growth increases
Industry shipments and orders for the North American Printed Circuit Board (PCB industry )in May grew at a strong pace. The book-to-bill ratio strengthened to 1.09.
Total North American PCB shipments in May 2018 were up 11.7 percent compared to the same month last year. This year to date, shipments are 10.0 percent above the same period last year. Compared to the preceding month, May shipments increased 1.9 percent, writes industry association IPC — Association Connecting Electronics Industries. PCB bookings in May increased 21.2 percent year-over-year. Year-to-date order growth was 14.4 percent above the same period last year. Bookings in May were up 6.3 percent from the previous month. “The pace of growth increased yet again for the North American PCB industry in May,” said Sharon Starr, IPC’s director of market research. “Sales growth was positive year-over-year for the ninth consecutive month and sales grew at the fastest pace in more than seven years. Order growth has been strong for the past 12 months. The book-to-bill ratio is above parity (1.0) for the 16th consecutive month, which is a positive indicator of continued growth this year.”
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