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.
Electronics Industry Seeks Clarity from U.S. Commerce Secretary Raimondo on PCB Sector Funding
IPC and the Printed Circuit Board Association of America (PCBAA) are calling on the U.S. Department of Commerce to clarify its plans for bolstering the domestic development and fabrication of advanced printed circuit boards (PCBs) as a key part of the CHIPS for America program.
North American EMS Industry Up 0.9 Percent in June
IPC announced today the June 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.24.
North American PCB Industry Sales Down 15.8 Percent in June
IPC announced today the June 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.98.
EU Should Support Other Segments of the Electronics Industry That Complement Chips, New Report Says
Key segments of the European electronics manufacturing industry face significant challenges and require more support, considering their vital role in Europe’s strategic autonomy and the “twin transitions” to a greener, more digital economy.
Will U.S. Economy Slip into Recession Second Half of 2023?
Per IPC’s June 2023 Economic Outlook report, the U.S. economy has remained resilient through the first half of the year, despite significant headwinds from stubbornly high inflation, aggressive interest rates hikes and a number of high-profile bank failures.