IPC announced today the July 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.01.

Total North American PCB shipments in July 2023 were up 23 percent compared to the same month last year. Compared to the preceding month, July shipments were up 10.2 percent.

PCB bookings in July were up 24.6 percent compared to the same month last year. July bookings were up 7.8 percent compared to the preceding month.

“July was a good month for the PCB sector. Orders were the strongest in 10 months and shipments were the strongest in four months,” said Shawn DuBravac, IPC’s chief economist. “The year-to-date trend for orders has steadily been improving, but the trend of lower orders in 2023 remains in place.”

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