North American EMS industry Up 14.9% in October

EMS bookings in October increased 7.8% year-over-year and decreased 1.5% from the previous month. The book-to-bill ratio stands at 1.29.

EMS orders and shipments remained above trend in October, despite a small reversal relative to last month,” said Shawn DuBravac, IPC’s chief economist, in a press release. “Supply chain constraints have eased but shipment growth remains slightly constrained as some ongoing supply chain issues persist.”