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North American PCB Year-over-year Sales Growth Turns Positive in October 2017

 Release time:2017-10-15 09:09:32

          IPC — Association Connecting Electronics Industries announced today the October 2017 findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. (Quick turn PCB)Positive year-over-year shipment and order growth continued October. The book-to-bill ratio remained high in October at 1.12.
          Total North American PCB shipments in October 2017 were up 3.6% compared to the same month last year. This year to date, shipments are 2.9% below the same period last year. Compared to the preceding month, October shipments decreased 2.9%. PCB bookings in October increased 13.9% year-on-year, (Quick turn PCB)while year-to-date order growth grew to 4.9% above the same period last year. Bookings in October were up 0.5% compared to the previous month.
          The North American PCB industry appears to be recovering from this year’s slump. Year-on-year sales growth in October was positive for the second consecutive month and is strengthening,” said Sharon Starr, IPC’s director of market research. “The outlook is positive too,(Quick turn PCB) based on continued growth in orders and on PCB book-to-bill ratios above parity (1.0) for the ninth consecutive month. After reaching a 12-year high in August, the book-to-bill ratio has retreated slightly due to growth in sales, but it remains very strong, indicating a likelihood of further sales growth in the coming months,” she added.