Printed circuit board bookings increase in June: first year-on-year increase in eight months
BANNOCKBURN, Ill., 4 Aug. 2014. Bookings of printed circuit boards in the U.S. and Canada increased 4.2 percent in June, which was the first year-on-year bookings increase in eight months, say officials of the IPC - Association Connecting Electronics Industries in Bannockburn, Ill.
This increase improved year-to-date order growth, which now stands at -6.0 percent. Order growth jumped 28.3 percent in June over the previous month, officials say.
Total North American PCB shipments, meanwhile, decreased 0.9 percent in June 2014 from June 2013, leaving year-to-date shipment growth flat at -0.3 percent. Compared to the previous month, PCB shipments were up 9.1 percent.
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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 six months. A ratio of less than 1.00 indicates the reverse, officials say.
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For more information contact the IPC online at www.ipc.org.
John Keller | Editor
John Keller is editor-in-chief of Military & Aerospace Electronics magazine, which provides extensive coverage and analysis of enabling electronic and optoelectronic technologies in military, space, and commercial aviation applications. A member of the Military & Aerospace Electronics staff since the magazine's founding in 1989, Mr. Keller took over as chief editor in 1995.
