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Electronics Production |
North American EMS industry Up 14.7% in October
Total North American EMS shipments in October 2024 were up 14.7% compared to the same month last year. Compared to the preceding month, October shipments were up 3.4%, reports the IPC.
EMS bookings in October increased 6.6% year-over-year and decreased 4.5% from the previous month. The book-to-bill ratio stands at 1.25.
“The October book-to-bill ratio for the North American EMS industry slightly trailed the long-term trend. Although orders have declined for two consecutive months, the year-to-date performance remains solid,” said Shawn DuBravac, Ph.D., IPC’s chief economist, in a press release. “Shipments, which had been subdued earlier this year, have now increased for four consecutive months, suggesting improving momentum.”
