Thursday, May 24, 2018
Publication Date: 05/1/2007
Archive >  May 2007 Issue >  Front Page News > 

February Book-to-Bill In Upswing
Bannockburn, IL — The North American rigid PCB industry book- to-bill ratio for February 2007 climbed to 0.96, while the North American flexible circuit book-to-bill ratio increased to 0.97. The combined (rigid and flex) industry book-to-bill ratio in February 2007 reflected these gains and grew to 0.96.

Rigid PCB shipments are down 9.9 percent and bookings are down 19.1 percent in February 2007 from February 2006. Year-to-date, rigid PCB shipments are down 6.8 percent and bookings are down 19.2 percent. Compared to the previous month, rigid PCB shipments increased 2.0 percent and rigid bookings increased 4.2 percent. Flexible circuit shipments in February 2007 were up 2.7 percent and bookings were up 29.5 percent compared to February 2006. Year-to- date, flexible circuit shipments are up 8.2 percent and bookings are up 5.6 percent. Compared to the previous month, flexible circuit shipments decreased 0.6 percent and flex bookings were down 2.0 percent.

For rigid PCBs and flexible circuits combined, industry shipments in February 2007 decreased 9.2 percent from February 2006, and orders booked decreased 17.4 percent from February 2006. Year-to-date, combined industry shipments are down 6.0 percent and bookings are down 18.1 percent. Compared to the previous month, combined industry shipments for February 2007 are up 1.8 percent and bookings are up 3.9 percent.

"Following a four-month decline in the PCB industry's book-to-bill ratio, it is finally turning upward," said IPC President Denny McGuirk. "The flexible circuit segment began its upward climb in December of 2006, and the rigid PCB segment showed its first up-tick in February 2007." He continued, "Book-to-bill ratios in both segment are still below parity, which indicates a slowdown in growth in early 2007. But sales and orders in both segments are following their usual seasonal patterns."

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