BANNOCKBURN, IL – North American PCB shipments in August rose 35% year-over-year, IPC reported in its monthly North American PCB Statistical Program. The book-to-bill ratio stands at 0.99.

Compared to July, August shipments were down 10.3%.

PCB bookings in August were up 44.2% compared to August 2023, and were up 22.3% compared to July.

“August saw strong bookings and shipments, leaving the book-to-bill ratio unchanged. While the surge in new orders marked the best performance since February, it did little to reverse the decidedly negative trend for the year,” said Shawn DuBravac, IPC’s chief economist.

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.