IPC — Association Connecting Electronics Industries announced today the February 2018 findings from its North American Printed Circuit Board (PCB) Statistical Program. Year-over-year shipment and order growth continued in February, and the book-to-bill ratio climbed to 1.17.
Total North American PCB shipments in February 2018 were up 8.8% compared to the same month last year. This year to date, shipments are 9.3% above the same period last year. Compared to the preceding month, February shipments decreased 0.9%.
PCB bookings in February increased 7.2% year-over-year, raising year-to-date order growth to 15.9% above the same period last year. Bookings in February were down 7.1% compared to the previous month.
“The North American PCB industry continued its robust recovery in February, with positive year-over-year sales growth for the sixth consecutive month,” said Sharon Starr, IPC’s director of market research. “The outlook is also positive, based on strong order growth in recent months, and on the PCB book-to-bill ratio, which is above parity (1.0) for the 13th consecutive month and reached a new 12-year high in February.”
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