Cement Consumption Down by 31.8% in El Salvador

At the close of 2008, consumption reached 1.7 million 42.5 kilogram bags, 31.8% less than the 2.5 million bags in 2007.

Wednesday, March 11, 2009

According to what Ismael Nolasco, executive director of the Salvadoran Construction Industry Chamber (CASALCO), informed La Prensa Gráfica: "The expectations of the sector are for a considerable reduction in annual cement consumption compared to last year mainly due to lack of credit for private investment and the uncertainty about the speed that the new government will print the implementation of public infrastructure projects after June 1."

More on this topic

El Salvador: Companies Sell 25% Less

December 2009

In the first 11 months of the year, Salvadoran companies sold 24.57% less in average.

9 out of each 10 businessmen were affected by the economic crisis, according to a study conducted by Luis Membreño, independent economist.

From Laprensagrafica.com: "The drop ranges from 10% to more than 50%. 'It is a result of the population earning less money; less income and jobs', explained Membreño".

Sales of Goods Fall in Guatemala

September 2009

From January to August 2009, sales of goods dropped 5.8% when compared to the same period of 2008.

Data from the Tax Authority (SAT) shows that with the exception of January and April, monthly data has been always negative.

"Sales of services show a similar trend, albeit less steep...", reported Elperiodico.com.gt.

Panama: More Construction Permits, Less Sales

February 2010

In 2009, construction permits increased 11.34%, while home sales dropped 7%.

$406 million worth of residences were sold in 2008, falling to $377 in 2009.

For 2010, the sector expects sales to grow 21%. In 2009, authorities granted 8.771 permits, up from 7.878 in 2008.

Nicaragua: Sales Continue Downward Trend

May 2009

Due to the economic crisis, various sectors of the economy closed this March with lower sales than those in March 2008.

The data presented by the Superior Council of Private Enterprise (COSEP) reported a slowdown in sales during the first quarter when compared with the same period in 2008.

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