Total North American PCB shipments in May 2023 were up 6.7% compared to the same month last year. Compared to the preceding month, May shipments were down 1.9%, reports the IPC.
PCB bookings in May were up 4.1% compared to the same month last year. May bookings were up 6.7% compared to the preceding month. The book-to-bill ratio stands at 0.89.
“The North American PCB market looks pretty balanced this month. Shipments remain strong and we saw the first year-over-year rise in bookings we've seen since November 2022,” said Shawn DuBravac, IPC’s chief economist.