Sales Up, Orders Down for North American PCBs in June 2016
Association Connecting Electronics Industries recently announced the June 2016 findings from its monthly North American PCB Statistical Program.
Association Connecting Electronics Industries® (IPC) recently announced the June 2016 findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Compared to the same month last year, PCB sales growth was strong while orders were down, causing a decline in the book-to-bill ratio to 0.98.
Total North American PCB shipments in June 2016 were 9.7% above the same month last year. Year-to-date growth is up 6.1% for the first six months of the year. Compared to the preceding month, June shipments were up 18.9%. Conversely, PCB bookings in June decreased 9.7% year-on-year, bringing year-to-date bookings growth down to a positive 1.3%. Orders in June 2016 were up 18.2% from the previous month.
“Sales growth in the North American PCB industry was strong in June, while orders continued to decline,” said Sharon Starr, director of market research. “The book-to-bill ratio has been trending downward since April and the divergence between June’s sales and order growth pushed the ratio below parity, signaling the likelihood of slowing sales growth in the third quarter.”
For more information, visit www.IPC.org.