en.Wedoany.com Reported - The Global Electronics Association has released data for the North American Printed Circuit Board (PCB) statistical program for April 2026, with a book-to-bill ratio of 1.24. Total North American PCB shipments in April 2026 increased by 5.8% year-over-year and 15.6% month-over-month; year-to-date shipments through April grew by 8.9% compared to the same period last year. PCB orders in April increased by 25.5% year-over-year and 36.1% month-over-month; year-to-date orders through April rose by 4.1% compared to the same period last year.

"North American PCB demand rebounded significantly in April. The three-month book-to-bill ratio climbed to 1.24, the strongest reading in over a year," said Dr. Shawn DuBravac, Chief Economist at the Global Electronics Association. "The PCB demand landscape is consolidating, and the increase in backlog orders may help support production in the second half of the year."

Companies participating in the Global Electronics Association's North American PCB statistical program can access detailed data on rigid PCB and flexible circuit sales and orders, including separate rigid and flexible book-to-bill ratios, growth trends by product type and company size tier, prototype demand, and timely data on sales growth for the military and medical markets.

The book-to-bill ratio is calculated by dividing the value of orders over the past three months by the invoiced sales of companies in the association's survey sample during the same period. A ratio greater than 1.00 indicates that current demand is outpacing supply, a positive indicator for sales growth over the next three to twelve months; a ratio less than 1.00 indicates the opposite. Year-over-year and year-to-date growth rates provide the most meaningful perspective on industry growth. Month-over-month comparisons should be treated with caution as they reflect seasonal effects and short-term fluctuations. Since orders are more volatile than shipments, monthly changes in the book-to-bill ratio may not be significant unless a clear trend persists for more than three consecutive months. Additionally, considering changes in orders and shipments is important for understanding the drivers of book-to-bill ratio movements. The association's monthly PCB industry statistics are based on data from a representative sample of rigid PCB and flexible circuit manufacturers sold in the United States and Canada, with the PCB book-to-bill ratio released at the end of each month.

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