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PCB | December 27, 2019

North American PCB industry growth continues strong

Sales and orders in November were strong among the North American PCB companies, and it continued to outpace last year. The book-to-bill ratio stands at 1.08, says the IPC.

Total North American PCB shipments in November 2019 were up 17.2% compared to the same month last year. Year-to-date sales growth as of November is 7.7% ahead of the same period last year. Compared to the preceding month, November shipments increased 0.7%. PCB bookings in November increased 11.1% year-over-year. Year-to-date order growth is up to 4.4%. Bookings in November fell 18.6% from the previous month. “Business is booming for the North American PCB industry as sales and orders outpace last year’s performance by a substantial margin,” said Sharon Starr, IPC’s director of market research. “A strong book-to-bill ratio following three months of positive ratios indicates the likelihood for continued sales growth through the first quarter of 2020.”
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March 27 2020 12:33 pm V18.4.17-1