IPC announced today the January 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.24.

Total North American PCB shipments in January 2025 were up 19.9 percent compared to the same month last year. Compared to the preceding month, January shipments were up 10.1 percent.

PCB bookings in January were up 44.1 percent compared to the same month last year. January bookings were up 1.1 percent compared to the preceding month.

“Sustained booking momentum into the new year signals strong underlying demand, reinforcing confidence in demand,” said Shawn DuBravac, Ph.D., IPC chief economist.