IPC announced the April 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program on May 27. The book-to-bill ratio stands at 1.21.

Total North American PCB shipments in April 2025 were down 6.8% compared to the same month last year. However, compared to the preceding month, April shipments were up 11.5% and April's year-to-date (YTD) shipments increased by 4.6% year-over-year (YOY).

PCB bookings in April were up 23.5% compared to the same month last year. April bookings were up 26.9% compared to the preceding month. April’s YTD bookings increased 20.5% to the same period last year.

“The North American PCB sector saw a big lift in April bookings, suggesting strong momentum as we head into mid-year production cycles and underscoring continued strength in demand,” said Shawn DuBravac, IPC’s chief economist.