Costa Rica: Industrial Sector to Grow 4% in 2018

The union of industrialists estimates that next year the GDP of the manufacturing industry will increase by around 4%, and formal employment of the sector could grow no more than 2%.

Tuesday, December 19, 2017

From a statement issued by the Chamber of Industries of Costa Rica:

In 2017 the sector grew slightly in terms of production and exports. But growth remains concentrated in the free zone regime and employment grew very little. 

The outlook for 2018 in the manufacturing sector is that it will have growth similar to that of 2017.  Dynamism of companies in the medical device sector is expected to continue.

Likewise, a moderate performance of the activities outside of Special Regimes is expected, with a higher inflation and an increase in interest rates that could affect domestic demand.

See full press release (in Spanish).

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Manufacturing Activity Recovers in Dominican Republic

August 2019

After several months of being on the decline, in July the Monthly Manufacturing Activity Index registered a year-on-year increase of 12%, explained by the increase in sales volume.

The Monthly Manufacturing Activity Index (IMAM) of the Association of Industries of the Dominican Republic (AIRD) rose from 53.2 in June to 64.6 in July 2019, showing a very favorable trend and positive expectations in the conjuncture, informed the guild.

Manufacturing activity increases 17%

October 2018

Partially explained by an increase in the inventory of raw materials, in September, the Monthly Manufacturing Activity Index in the Dominican Republic registered a 17% increase with respect to the same month in 2017.

The Association of Industries of the Dominican Republic (AIRD) reported that the Monthly Manufacturing Activity Index (IMAM) fell from 61.5 in August to 52.7 in September, which is mainly attributed to the decrease in sales and production. It is kept, for the eighth consecutive month, above the 50.0 limit. It also shows greater than the same period in 2017, when it was at 45.0.

Dominican Republic: Manufacturing Activity Up 15%

September 2018

Due to an increase in production and sales, in August of this year the Monthly Index of Manufacturing Activity registered an increase of 15% with respect to the same month in 2017.

The Association of Industries of the Dominican Republic (AIRD) reported that the Monthly Index of Manufacturing Activity (IMAM) increased slightly from 58.4 in July to 61.5 in August, remaining for the seventh consecutive month over the barrier of 50.0 and following the trend shown in previous years for this period. 

Panama: Industrial Outlook for 2016

January 2016

The union of industrialists projects that the economy will grow by 6% this year and has raised concern over the fall in manufacturing activity.

From a statement issued by the Union of Industrialists in Panama:

Panama will continue to lead economic growth in Latin America and it is estimated that it could close 2015 at 5.8%; while for 2016 the amount projected is 6%.

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