Manufacturing Activity Recovers in Dominican Republic

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.

Wednesday, August 28, 2019

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.

The report explains that "...  Of the five variables that make up the index, the two most important in the perception of those interviewed were sales volume and production volume. When IMAM remains above the threshold of 50 points, it reflects that the economic conditions and prospects of the manufacturing sector are considered favorable.

The variables examined were weighted and adjusted for seasonality. All showed increases in the perception of the industrialists: "sales volume" went from 53.0 in June to 73.7 in July 2019; "production volume" went from 55.0 in June to 74.1 in July of this year; Employment went from 50.9 in June to 54.5 in July 2019; Delivery Deadline for Suppliers went from 55.7 in June to 62.1 in July 2019, and the Raw Material Inventory went from 47.3 in June to 48.0 in July of this year (although it remained below the barrier of 50.0).
"

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More on this topic

Manufacturing Activity Falls 4%

March 2020

During January in the Dominican Republic the Monthly Index of Manufacturing Activity registered a 4% decrease with respect to the previous month, variation that is explained by a contraction in the volume of sales and production.

When comparing the figures with those reported at the end of 2019, an increase is registered, since in January the Monthly Index of Manufacturing Activity (IMAM) of the Association of Industries of the Dominican Republic (AIRD) increased to 62.5, while in November 2019 it was 53.2 and went up to 58.7 in December 2019.

Strong Decline in Manufacturing Activity

July 2019

Because of the drop in sales and production volume, in June the Monthly Manufacturing Activity Index in the Dominican Republic decreased 9% with respect to May of this year.

The Monthly Manufacturing Activity Index (IMAM) of the Association of Industries of the Dominican Republic (AIRD) fell from 58.3 in May to 53 in June.

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. 

Dominican Republic: Lull in Manufacturing Activity

July 2018

Explained by decreases in production and sales volumes, in June of this year the Monthly Index of Manufacturing Activity registered a decrease of 16% compared to May 2018.

The Association of Industries of the Dominican Republic (AIRD) reported that the Monthly Index of Manufacturing Activity (IMAM) fell sharply in June, going from 66.5 in May to 55.6 in June. This is the lowest level in the last five months, although it still remains above the 50.0 barrier.

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