Category Archives: Economy

IPC’s September 2020 Economic Report: U.S. and EU Outlook

As we present the September economic outlook report, the economy has improved over the last month, but momentum is slowing as manufacturers remain cautious. In this report, you will find U.S. and European data on economic growth, employment, Manufacturer’s Sentiment (PMI) and end markets for electronics. You will also find details on industrial production, capacity […]

Trump’s COVID Relief Actions Are a Mixed Bag

By Chris Mitchell, vice president, global government relations Over the weekend, responding to unsuccessful negotiations with Congress, President Trump signed an Executive Order (EO) and three memoranda aimed at extending relief to Americans affected by the COVID-19 pandemic. The executive actions stretch the bounds of constitutionality, and the size and speed of the aid is […]

Problem Solving While Innovating: How Electronics Manufacturers are Coping with COVID-19

Those of us in the electronics manufacturing industry are no different than anyone else facing this pandemic – we are not sure of what will happen next, but we are working together to find solutions. IPC President and CEO John Mitchell shares his insights:

USMCA is Just the Start

By Shawn DuBravac, IPC Chief Economist The United States-Mexico-Canada Agreement (USMCA) went into effect on July 1, replacing and modernizing the 26-year-old North America Free Trade Agreement (NAFTA). In many ways, the USMCA reinforces our continent-wide commitment to some $1.3 trillion in trilateral trade flows, while adding key provisions to bring the agreement into the […]

301 Tariff Update — U.S. Suspends Certain Import Duties

by Chris Mitchell, vice president, global government relations The U.S. Trade Representative (USTR) has prioritized the review of Section 301 exclusion requests related to the U.S. response to COVID-19. In March, USTR granted approximately 200 separate exclusions primarily covering personal protective equipment products and other medical-care related products. On March 20, USTR published in the […]

Real-time Update on Electronics Manufacturing and COVID-19 – April 6, 2020

As health officials around the globe struggle to “flatten the curve” of coronavirus cases, the electronics manufacturing industry continues to face ambiguous operating restrictions, uncertain economic conditions, abnormalities in supply chains, and greater gaps in the workforce. Over the past week, IPC has continued to monitor the health of the electronics manufacturing industry amid the […]

An IPC Policy Roadmap to Economic Recovery

By Chris Mitchell, vice president, global government relations As the unprecedented COVID-19 crisis continues to unfold, IPC is calling for a bold, sustained policy agenda to help the electronics manufacturing sector weather the economic downturn and support the economic recovery. There can be no doubt that governments all over the world should take extraordinary measures […]

The Coronavirus Outbreak Will Likely Impact New Product Introductions

By Shawn DuBravac, IPC chief economist and Matt Kelly, IPC chief technologist According to IPC’s recent Coronavirus impact study (March update), roughly 22 percent of electronics manufacturers and suppliers reported that the coronavirus outbreak will result in fewer new product introductions (NPIs) in 2020. In a normal year, original equipment manufacturers (OEMs) would be readying […]

Coronavirus Expected to Cause Five-Week Product Shipment Delays, Says Electronics Manufacturing Industry

Electronics manufacturers anticipate at least a five-week product shipment delay from suppliers due to the coronavirus epidemic, according to a survey conducted by IPC.  Shipping delays from China and other countries where the virus has spread are already having negative impacts on manufacturers. Roughly 65 percent of manufacturers report their suppliers expect, on average, a […]

Rising Tariffs Put a Painful Squeeze on Electronics Manufacturing

To determine the effects the U.S./China tariff dispute has on U.S. electronics manufacturers, IPC conducted a survey of its U.S. members. The results reflect how difficult it is for a global industry to navigate this uncertainty. IPC President and CEO John Mitchell provides details in his monthly IPC president’s message.