IPC - Association Connecting Electronics Industries sees North American printed circuit board (PCB) sales and order growth on an upward trend.
In the latest release of its statistical program, the association said total North American PCB shipments were down 1.5% in July 2013 from July 2012, while bookings increased 10.2% year over year. Year to date, PCB industry shipments were down 4.2% and bookings were up 0.1%.
PCB shipments in July 2013 were down 13.7% and bookings were down 3.2% from June 2013. Bookings exceeded shipments in July. The PCB book-to-bill ratio strengthened to 1.06.
The association said that, while not yet in positive territory, year-on-year sales growth has been improving steadily for three months, with solid growth in orders since the start of 2013.
"Month-to-month growth is typically negative in the first month of the quarter due to seasonal trends," said IPC Director of Market Research Sharon Starr. "Year-on-year growth is the best indicator of industry performance, and these growth rates in July continue to be encouraging."
She added, "Rigid PCB year-on-year sales growth in July reached positive territory for the first time in more than two years. Orders in both rigid and flex segments were strong, resulting in a slight uptick in the PCB book-to-bill ratio."
to Daily News