As the seasons changed, so did the economic winds.
Housing price increases had outpaced the demand curve, as unit sales slowed and new starts cooled. Automotive sales dived for the longest stretch in years. The stock market tanked. Interest rates ticked up. The bond yield curve inverted, suggesting investors had turned pessimistic about short-term prospects for the economy. Foreign investment stalled. The government, having primed the consumer economic pump through huge capital inflows to the domestic economy, struggled over hard choices of whether to borrow even more in the hopes of stemming a potential recession.
Faced with all of the above, coupled with rising labor costs, a cascade of confusing new government rules, and an increasingly treacherous trade environment, manufacturers started looking for friendlier climes.
Still inspired by the session on the “The Future of PCB Engineers” from PCB West last fall, I spent my early December poring over courses at universities across the US, looking for signs of printed circuit board instruction. I’m happy to say it was a fruitful exercise.
Speaking, as we were last month, about roadmaps, their role, who uses them and how, I call your attention to the retrospective that begins on page 27 of this month’s issue. It’s a reflection of the early days of the IPC Roadmap, which was published some 25 years ago.
As with our other year-end retrospectives on the introduction of RoHS and its effective ban on leaded solder and the launch of the IPC Designers Council, we wanted to capture the recollections of those who were on the front lines of the project. (A sad omission: Dieter Bergman, the project’s biggest champion and perhaps the one person most responsible for the first couple iterations, passed away in 2014. I still miss you, Big Guy.)
In 1993, of course, the electronics supply chain was a very different animal. Outsourcing wasn’t new, but it hadn’t taken hold in all corners, especially assembly. AT&T, IBM, H-P, Texas Instruments and Digital Equipment were among the leaders in vertical manufacturing. Many technologies accepted as routine today (SMT and HDI among them) were still finding their way – or hadn’t even made it off the drawing board.