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.”

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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