U.S. Economy Continues to Surpass Growth Expectations; European Outlook is Tepid

IPC Issues July Economic Outlook Report
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.

Shipments, Orders and Capacity Utilization Indices Weaken This Month, But Industry Outlook Remains Upbeat

IPC Releases July Global Sentiment of the Electronics Supply Chain Report
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

Electronics Industry Seeks Clarity from U.S. Commerce Secretary Raimondo on PCB Sector Funding

Dedicated funds would help ensure success of the CHIPS Act and Biden’s “Presidential Determination” on PCBs
IPC and the Printed Circuit Board Association of America (PCBAA) are calling on the U.S.

North American EMS Industry Up 0.9 Percent in June

IPC releases EMS industry results for June 2023
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 releases PCB industry results for June 2023
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

DG GROW is taking a closer look at the “silicon-to-systems” approach to boost Europe’s autonomy and the twin transitions
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.