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The Global Electronics Association announced the May 2026 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.60.
Total North American PCB shipments in May 2026were up 11.9% compared to the same month last year. Compared to the preceding month, May shipments were up 10.1%. May's year-to-date (YTD) shipments increased by 12.8% year-over-year (YOY).
PCB bookings in May were up 102.8% compared to the same month last year. May bookings were up 22.3% compared to the preceding month. May’s YTD bookings increased 28.6% compared to the same period last year.
“The AI build-out continues to fuel strong bookings that have driven the PCB book-to-bill to historic levels. Shipments are keeping pace, up 11.9% over last year and 10.1% from April, while year-to-date orders run 28.6% ahead,” said Dr. Shawn DuBravac, Global Electronics Association’s chief economist.
