North American PCB Sales Improving Despite Weaker Orders
Jan 22, 2014
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Year-on-year printed circuit board (PCB) sales growth strengthened in November, according to the IPC – Association Connecting Electronics Industries. The organization said that, due to weak orders, the November book-to-bill ratio declined further to 0.91.
Total North American PCB shipments in November 2013 were up 4.0% from November 2012. Year-to-date shipments were down 2.3% from the first 11 months of 2012, but IPC said this was improving.
North American PCB bookings were down 6.7% year over year, which pushed year-to-date order growth into the red at -0.4%.
November 2013 PCB shipments were down 6.3% from October 2013. Bookings were down 15.5%. The lower November shipments and bookings reflected normal seasonal patterns, according to IPC.
“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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