North American PCB industry sales up 3.7% in March
Total North American PCB shipments in March 2020 were up 3.7% compared to the same month last year. Compared to the preceding month, March shipments rose 31.6%.
PCB bookings in March increased 10.1% year-over-year. Bookings in March increased 8.7% from the previous month. The book-to-bill ratio stands at 1.15. “COVID-19 related disallocations in the global supply chain continue to drive North American PCB orders and shipments. March 2020 saw a near historic month-over-month rise in shipments as North American PCB manufacturers worked to deliver crucial components for equipment like ventilators into the medical supply chain,” said Shawn DuBravac, IPC’s chief economist. “March sales and orders are the highest the industry has seen since April 2017 and April 2020 shipments are poised to reach levels not seen since 2006.”