IPC announced today the October 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.09.

Total North American PCB shipments in October 2024 were down 11.1 percent compared to the same month last year. Compared to the preceding month, October shipments were up 20.4 percent.

PCB bookings in October were up 3.5 percent compared to the same month last year. October bookings were down 3.7 percent compared to the preceding month.

“The October book-to-bill ratio for the North American PCB industry increased 3.1 percent compared to September, driven by strong bookings over the past three months and subdued shipments,” said Shawn DuBravac, Ph.D., IPC’s chief economist. “Year-to-date, order volume remains slightly positive, significantly outpacing the high single-digit decline in shipments.”