IPC announced today the September 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.08.

Total North American PCB shipments in September 2024 were down 24.1 percent compared to the same month last year. Compared to the preceding month, September shipments were down 23.8 percent.

PCB bookings in September were down 4.4 percent compared to the same month last year. September bookings were down 2.8 percent compared to the preceding month.

“The North American PCB book-to-bill rose notably in September, but this rise masks overall weakness in the sector. The decline is primarily driven by a steep decline in shipments that outpaced a drop in orders,” said Shawn DuBravac, IPC’s chief economist. “Year-to-date trends highlight a negative trajectory in shipments alongside a narrowly positive trend in orders.”