North American printed circuit board (PCB) sales and order growth strengthened in October, according to IPC - Association Connecting Electronics Industries. The book-to-bill ratio was down in October, to 0.94.
Total North American PCB shipments increased 3.6% in October 2013 from October 2012. Year-to-date shipments were still negative compared to the same period in 2012, but improved to -2.9% in October.
North American PCB bookings were up 7.0% year over year, an improvement that brought year-to-date growth into positive territory at 0.1%.
October saw lower PCB shipments and bookings than in September 2013, which IPC said is a reflection of normal seasonal patterns.
Compared to September 2013, PCB shipments in October were down 6.6% and bookings were down 4.0%.
“Although both sales and order growth are trending up compared to last year, sales have outpaced orders in the past three months, causing the book-to-bill ratio to dip,” said Sharon Starr, IPC’s director of market research. “Year-on-year sales growth has been improving for the past six consecutive months and finally turned positive in October,” she added. “While a recovery in the second half of 2013 was anticipated, it has been slower than expected.”
to Daily News