December 2024 saw a significant 59.6% surge in North American PCB bookings compared to the previous year, signaling robust demand amidst ongoing tariff uncertainties.

Key highlights include:

• Book-to-Bill Ratio: Stands at 1.19, indicating demand outpacing supply and forecasting potential sales growth within the next 3-12 months.
• Bookings Growth: Year-over-year PCB bookings increased by 59.6%, with a 6.2% rise over November 2024.
• Shipments Decline: PCB shipments fell 0.3% year-over-year and 3.9% compared to the preceding month.
• Industry Insight: The rise in orders is largely attributed to preemptive buying amid tariff concerns. This trend places orders in the top 1% relative to shipments.

This uptick is largely due to orders being pulled forward amidst ongoing tariff uncertainties

-Shawn DuBravac, Ph.D., IPC’s chief economist. 

How IVP-Inc can help:

In a volatile market with growing demand and supply constraints, businesses need cost-effective and reliable PCB sources to stay competitive. IVP-Inc’s PCBs at cost model ensures that you access high-quality PCBs without the inflated margins, helping to protect your bottom line amidst rising procurement costs and tariff-driven uncertainties.

Read the original article here. (IPC, North American Printed Circuit Board (PCB) Statistical Program)