According to IPC's monthly North American Printed Circuit Board Statistical Program, sales and orders slumped in January, but orders continued to outpace sales, bringing book-to-bill ratio up to 1.04. Total North American PCB shipments declined 1.6% in January 2016 compared to January 2015. Compared to December 2015, January 2015 shipments were down 19.2%. PCB bookings fell 3.4% below level of January 2015, and orders in January 2016 were down 14.3% from previous month.