BANNOCKBURN, IL — Total North American PCB shipments in October were up 6% compared to the same month last year, IPC announced today.

Shipments fell 8.9% sequentially, the trade group added.

Year-to-date bookings through October were up 19.8% year-over-year.

“PCB orders fell slightly in October but remain well above 2020 levels and are 2.3% higher than 2019 levels,” said Shawn DuBravac, chief economist, IPC. “Shipments continue to be constrained by supply chain dislocations. Shipments should be roughly 15% higher than they were given recent order volume.”

The book-to-bill ratio for the month was 1.15. The ratio is calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample. A ratio of more than 1.0 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to 12 months.

The report is based on data provided by a representative sample of both rigid PCB and flexible circuit manufacturers selling in the USA and Canada. IPC publishes the PCB book-to-bill ratio by the end of each month.

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