Year-on-year North American printed circuit board (PCB) sales growth strengthened in November 2013 but, due to weak orders, the book-to-bill ratio declined further to 0.91, according to IPC — Association Connecting Electronics Industries. The data was released Jan. 10, 2013.
Total North American PCB shipments increased 4.0% in November 2013 from November 2012. Year-to-date shipment growth remained negative compared to the same period in 2012, but improved and reached -2.3% in November.
North American PCB bookings fell 6.7% year over year, which pushed year-to-date order growth again into negative territory at -0.4%.
PCB shipments in November were down 6.3% and bookings were down 15.5%. Lower PCB shipments and bookings in November reflected normal seasonal patterns, IPC said.
"While sales continued to strengthen in the North American PCB industry compared to last year, orders declined," said Sharon Starr, IPC's director of market research. "This disparity between sales and order growth pushed the book-to-bill ratio to its lowest point since March 2009, indicating a slow and possibly bumpy recovery going into 2014."
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