IPC announced today the August 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.27.

Though product demand weakened this month with Orders and Backlog Indexes slipping, overall electronics industry operations remain healthy per IPC’s September 2023 Global Sentiment of the Electronics Supply Chain Report.

IPC is advocating for a 13.5-year minimum transition period to the European Chemical Agency’s (ECHA) proposed restriction on all per- and polyfluoroalkyl substances (PFAS). The ECHA proposal was put forward by five Member States in the European Union (EU) and would ban manufacture, market placement, and use of all PFAS.  

The forecast for U.S. economic growth, initially expected to be 0.5 percent at the beginning of 2023, is now expected to grow by 2 percent. While the U.S. economy has surpassed expectations, the Federal Reserve has raised rates significantly over the last year, signaling tremendous headwinds as those rates take effect. In Europe, growth in the Eurozone expanded by 0.3 percent compared to the previous quarter, marking the most substantial growth since the second quarter of 2022, according to IPC’s August 2023 Economic Outlook report.

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.

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.

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.

In short, 2023 has been a very interesting year for the electronics industry in the halls of government. So far this year, we have witnessed many policy developments that IPC and its members and allies have been advocating for years.

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.

The Sustainability for Electronics Leadership Team is responsible for identifying the most pressing sustainability topics for the industry and building a strategic plan to address these topics, the Leadership Council will be active in an industry-wide materiality assessment to enable the creation of the plan. Action teams are currently working on supply chain communications, sustainability terminology and definitions, and greenhouse gas data and reporting obligations.