BANNOCKBURN, Ill., 4 Aug. 2014. Bookings of printed circuit boards in the U.S. and Canada increased 4.2 percent in June, which was the first year-on-year bookings increase in eight months, say officials of the IPC - Association Connecting Electronics Industries in Bannockburn, Ill.
This increase improved year-to-date order growth, which now stands at -6.0 percent. Order growth jumped 28.3 percent in June over the previous month, officials say.
Total North American PCB shipments, meanwhile, decreased 0.9 percent in June 2014 from June 2013, leaving year-to-date shipment growth flat at -0.3 percent. Compared to the previous month, PCB shipments were up 9.1 percent.
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The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC's survey sample. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to six months. A ratio of less than 1.00 indicates the reverse, officials say.
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For more information contact the IPC online at www.ipc.org.