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IPC announced the February 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program.The book-to-bill ratio stands at 1.07.

Total North American PCB shipments in February 2024 were down 11.6 percent compared to the same month last year. Compared to the preceding month, February shipments were up 7.1 percent.

PCB bookings in February were up 25.6 percent compared to the same month last year. February bookings were up 47.5 percent compared to the preceding month.

“Very strong order flow in February pushed the PCB book-to-bill above one for the first time since September 2023,” said Shawn DuBravac, IPC’s chief economist. “This is likely not a permanent shift in the current market environment, but it will keep the book-to-bill ratio elevated in the coming months.”

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The sales of the North American PCB industry for other months