North American PCB industry shipments down 24.1% in September
Total North American PCB shipments in September 2024 were down 24.1% compared to the same month last year. Compared to the preceding month, September shipments were down 23.8%, reports the IPC.
PCB bookings in September were down 4.4% compared to the same month last year. September bookings were down 2.8% compared to the preceding month. The book-to-bill ratio stands at 1.08.
“The North American PCB book-to-bill rose notably in September, but this rise masks overall weakness in the sector. The decline is primarily driven by a steep decline in shipments that outpaced a drop in orders,” said Shawn DuBravac, IPC’s chief economist, in a press release. “Year-to-date trends highlight a negative trajectory in shipments alongside a narrowly positive trend in orders.”
