BANNOCKBURN, IL — Total North American EMS shipments in November 2022 were down 0.6% compared to the same month last year, the IPC announced in the November 2022 findings from its North American Electronics Manufacturing Services Statistical Program.

Compared to the preceding month, October shipments decreased 8.8%, and the book-to-bill ratio stands at 1.38.

“The industry recorded a decline in orders for the second consecutive month, but shipments were also subdued, keeping the book-to-bill elevated,” said Shawn DuBravac, IPC’s chief economist. “Shipments are roughly 15 percent below what we would expect given recent order volume, likely a sign of continued supply chain challenges.”

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