IPC announced the January 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.93.

Total North American PCB shipments in January 2024 were down 3.9 percent compared to the same month last year. Compared to the preceding month, January shipments were down 7.9 percent.

PCB bookings in January were down 8.6 percent compared to the same month last year. January bookings were up 11.1 percent compared to the preceding month.

“PCB orders started the year on a weaker note,” said Shawn DuBravac, IPC’s chief economist. “Diminished PCB orders, coupled with shipments that exceeded expectations for the month, worked in tandem to suppress the book-to-bill ratio.”

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