Global Economy Continues to Cool; Is Recession Imminent?
Per IPC’s May 2023 Economic Outlook report, the global economy continues to cool, but not quite as severely as expected at the start of the year. Stronger-than-expected growth in 2023 will come at the cost of weaker growth in 2024.
Electronics Manufacturers Reporting Cautious Optimism, Especially for Second Half of 2023
Per IPC’s May 2023 Global Sentiment of the Electronics Supply Chain Report, cost pressures continue to recede and demand remains positive for now, leading to a cautiously optimistic global electronics industry sentiment.
North American EMS Industry Up 14.3 Percent in April
IPC announced today the April 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.21.
North American PCB Industry Sales Up 12.1 Percent in April
IPC announced today the April 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.89.
Cost Pressures Receding as Industry Expects Some Sector Growth in 2023
Per IPC’s April 2023 Global Sentiment of the Electronics Supply Chain Report, last month delivered a mixed bag of industry sentiment: cost pressures are receding; industry demand appears to be slowing; and industry expects growth in some sectors.
North American EMS Industry Down 3.1 Percent in March
IPC announced today the March 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.28.