BANNOCKBURN, IL – Total North American PCB shipments in June 2024 were up 1% percent compared to the same month last year, IPC found in its latest North American PCB Statistical Program report. The book-to-bill ratio stands at 0.95.

Compared to the preceding month, June shipments were up 9.1%.

PCB bookings in June were down 2.7% compared to the same month last year. June bookings were up 3.2% compared to the preceding month.

“The PCB sector recorded a strong month of shipments, outpacing orders and slightly pulling down the PCB book-to-bill ratio,” said Shawn DuBravac, IPC’s chief economist. “While production output remains healthy, there are potential challenges in maintaining the balance between supply and demand in the coming months.”

The book-to-bill ratios are 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 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to twelve months. A ratio of less than 1.00 indicates the reverse.

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