BANNOCKBURN, IL – North American EMS shipments in October were up 14.7% compared to the same month last year, IPC reported in findings from its North American EMS Statistical Program. The book-to-bill ratio stands at 1.25.
Compared to the preceding month, October shipments were up 3.4%.
EMS bookings in October increased 6.6% year-over-year and decreased 4.5% from the previous month.
“The October book-to-bill ratio for the North American EMS industry slightly trailed the long- term trend. Although orders have declined for two consecutive months, the year-to-date performance remains solid,” said Shawn DuBravac, Ph.D., IPC’s chief economist. “Shipments, which had been subdued earlier this year, have now increased for four consecutive months, suggesting improving momentum.”