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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.  

Global Banking Crisis Continues; Inflation Rates Remain Stubbornly High in Both Europe and the United States

Economic data over the last month indicates that while inflation remains stubbornly high, economic growth is slowing. The base case scenario for the United States right now suggests a recession in the middle two quarters of the year. The U.S. economy should grow about 1.2 percent this year, but growth in the back half of the year will be weak.

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.

Manufactured Assemblies Corp, LLC Earns IPC/WHMA-A-620 Qualified Manufacturers Listing

IPC's Validation Services Program has awarded an IPC/WHMA-A-620 Qualified Manufacturers Listing (QML) to Manufactured Assemblies Corp, LLC (MAC), in Vandalia, Ohio. A full-service contract manufacturer specializing in wire and cable assemblies, and electromechanical sub-assemblies, MAC provides products used in aerospace, defense, medical, industrial, and commercial applications worldwide.

U.S. Economy Remains Resilient, but Headwinds Loom in Months Ahead; Growth in Eurozone Picked up in Second Quarter

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.

As EU Reviews Risk Assessments of Critical Technologies, IPC Stresses Need for Industrial Policy Approach to Include Complete Electronics Ecosystem

IPC recently led a collaboration of more than 100 companies across the electronics industry to produce a report for the European Commission. The report establishes the strategic importance of a robust electronics manufacturing industry, including globally competitive component manufacturers, electronics assemblers (EMS), and printed circuit board (PCB) fabricators, as well as their equipment and materials suppliers.  

Electronics Industry Sentiment Slips in Final Month of 2023

Electronics industry sentiment took a dip in December with New Order, Shipment, and Backlog Indices falling, with only Capacity Utilization Index holding steady. Despite the dip, overall demand sentiment remained in positive territory, per IPC’s December 2023 Global Sentiment of the Electronics Supply Chain Report.

EMS North America Industry Report, May 2022

IPC announced today the May 2022 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.35.

North American PCB Industry Sales Up 3.4 Percent in May

IPC announced today the May 2022 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.03.

North American EMS Industry Down 7.6 Percent in June

IPC announced today the June 2022 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.39.

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