BANNOCKBURN, IL – North American PCB shipments in October were down 11.1% compared to the same month last year, according to IPC's North American PCB Statistical Program. The book-to-bill ratio stands at 1.09.

Compared to September, October shipments were up 20.4%.

PCB bookings in October were up 3.5% compared to the same month last year and were down 3.7% compared to the preceding month.

“The October book-to-bill ratio for the North American PCB industry increased 3.1% compared to September, driven by strong bookings over the past three months and subdued shipments,” said Shawn DuBravac, Ph.D., IPC’s chief economist. “Year-to-date, order volume remains slightly positive, significantly outpacing the high single-digit decline in shipments.”

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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