Electronics Industry Supply Chains Look Healthy; Inventories Expand
Though cost pressures continue to impact the electronics industry, product demand and inventories remain positive, leading to a healthy supply chain per IPC’s August 2023 Global Sentiment of the Electronics Supply Chain Report.
North American PCB Industry Sales Up 23 Percent in July
IPC announced today the July 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.01.
North American EMS Industry Up 3.4 Percent in July
IPC announced today the July 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.27.
IPC Welcomes U.S. House Veteran Rich Cappetto as Senior Director of North American Government Relations
IPC welcomes Richard Cappetto, a 14-year veteran of the U.S. House of Representatives, as its new senior director for North American government relations.
U.S. Economy Continues to Surpass Growth Expectations; European Outlook is Tepid
Despite numerous risks – higher interest rates, tight monetary policy, persistent core inflation -- the U.S. economy continues to surpass expectations this year. The narrative is a bit cloudier in Europe. While inflation remains high, the underlying economy appears weaker which will cause the European Central Bank to move more cautiously, per IPC’s July 2023 Economic Outlook report.
Shipments, Orders and Capacity Utilization Indices Weaken This Month, But Industry Outlook Remains Upbeat
Current conditions have receded with Shipments Index, Orders Index, and Capacity Utilization Index all weakening in July, but at the same time, the outlook for shipments, orders, and utilization all improved per IPC’s July 2023 Global Sentiment of the Electronics Supply Chain Report.