The Monthly Index of Manufacturing Activity (IMAM) shows unusual vigor for the local manufacturing sector. For the first time, the IMAM has topped 66.5%. Reports are that for the past four months, the country has registered figures over 50%, a positive sign. A reading above 50% indicates that the manufacturing industry generally is growing, while a reading below 50% indicates general contraction.
In all but one of the groups of companies by size, there was growth. Micro business showed increase of 43.9 to 48.3. Medium-sized business moved from 60.2 to 63.3, big business went from 64.1 to 69.6. Only small business posted a decrease, dropping from 68.6 to 67.
Sales volume went from 67.8 in April to 71.9 in May. Production volume increased from 63.8 in April to 75 in May. But employment was down, from 55.9 in April to 55.2 in May.
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Listin Diario
Diario Libre
28 June 2018
