BANNOCKBURN, IL — Total North American EMS orders in March rose 8.9% year-over-year and decreased 8.7% sequentially, says IPC.

EMS shipments were down 3.6% compared to the same month last year. Sequentially, March shipments rose 10.9%.

The book-to-bill ratio grew to 1.43, compared to 1.34 in February.

Book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample. A ratio of more than one suggests current demand is ahead of supply, which is a positive indicator for sales growth over the next three to 12 months.

“EMS shipments bounced back sharply in March, following a February marked by severe weather that hindered production,” said Shawn DuBravac, IPC’s chief economist. “Order flow slowed during the month but remains near historical levels. In fact, the three-month EMS book-to-bill has never been higher. With book-to-bill at 1.43, the EMS industry hit a second record in as many months.”

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