BANNOCKBURN, IL – Total North American EMS shipments in February were up 5.1% compared to the same month last year, and down 4.9% from January, according to this month's findings in the IPC's North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.30.
EMS bookings in February decreased 5.4% year-over-year and decreased 16.4% from the previous month.
“The EMS sector has started the year on a slow note, with orders slipping in the first few months of the year as economic headwinds take hold,” said Shawn DuBravac, IPC’s chief economist.
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.