IPC’s March 2023 findings from its North American Printed Circuit Board Statistical Program show a book-to-bill ratio standing at 0.91. Total North American PCB shipments in March 2023 were up 11.6 per cent compared to the same month last year. Compared to the preceding month, March shipments were up 30.1 per cent.
PCB bookings in March were down 10.5 per cent compared to the same month last year. March bookings were up 2.3 per cent compared to the preceding month.
IPC chief economist, Shawn DuBravac, said: “The book-to-bill slipped this month, but this was driven in part by strong shipments. Order flow is holding steady, but at lower levels than a year ago.”
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