Semi.org’s latest book-to-bill (b2b) data is out, for August. The all-important ‘Bookings’ data hit a 6 month high (in its 3 mo. average) and if memory serves, this is higher than several readings from before the March cutoff below. So too did Billings and the Ratio.
Still, SEMI has these mitigating words…
“Given the trends through the year so far, the book-to-bill ratio stayed above parity on a three-month average basis,” said Denny McGuirk, president and CEO of SEMI. “An adjustment in the trends is anticipated for the rest of the year due to the near-term economic outlook and lower demand for electronics in some sectors.”
Full release here at SEMI.org.
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