BANNOCKBURN, IL — North American printed circuit board shipments in June were up 12.6% year-over-year, says IPC. Year to date, shipments were 10.5% above the same period last year. Sequentially, shipments increased 18%.

PCB orders for the month increased 5.6% year-over-year. Year to date, orders grew 12.8% compared to June 2017. Orders were up 5.4% sequentially.

The book-to-bill ratio was 1.05. A ratio of more than one suggests current demand is ahead of supply, which is a positive indicator for sales growth over the next three to twelve months.

“The North American PCB industry growth trend continued in June,” said Sharon Starr, IPC’s director of market research. “Sales growth was positive year-over-year for the 10th consecutive month, and order growth has been positive for the past 13 months. The book-to-bill ratio retreated in June due to stronger sales growth than order growth, but it remains above parity (1.0) for the 17th consecutive month, which is a positive indicator of continued growth for the remainder of this year.”

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