label: printed circuit board,PCBs
North America printed circuit board (PCB) orders were up 20.8 percent year over year in October, prompting the book-to-bill ratio for PCBs to climb for the sixth consecutive month.
The IPC – Association Connecting Electronics Industries published its monthly book-to-bill report Monday, reporting October's ratio of bookings to billings at 1.18, up from September's 1.15. The trade group calculates the figure by averaging its index numbers for orders booked over the past three months for participating North American suppliers and dividing by the average index numbers for sales billed during the same period.
The industry is still lagging behind 2002, however; year-to-date shipments were down 20.8 percent in October and bookings were down 10.2 percent compared to 2002, the IPC said.
Source://www.seekic.com