N. American PCB Orders Up 34% in Dec.
Published: 27 January 2022
by Chelsey Drysdale
BANNOCKBURN, IL – North American PCB year-to-date orders in December were up 33.6% compared to December 2020 and 47.1% compared to November 2021, according to IPC.
PCB shipments for the month were up 16.9% year-over-year and 21.5% sequentially.
The book-to-bill ratio was 1.17, up from 1.10 in November. 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 12 months.
"PCB bookings rose sharply in December 2021, the strongest month of bookings since December 2005,” said Shawn DuBravac, IPC’s chief economist. “For the calendar year, bookings rose 19.3%, and shipments rose 6.7%."
