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.
Searching for home furnishings, accessories, clothing and gifts, more than 150 local and international buyers will participate in the New World Crafts Fair, to be held in Antigua on September 24 and 25.
From the Agexport statement:
AGEXPORT's Handmade Commission prepares for the 12th. Edition of the New World Crafts Fair (NWC), the most important marketing platform for handmade products from Guatemala in the region and one of the main in Latin America, which will take place on September 24 and 25, 2019 at the Hotel Casa Santo Domingo, Antigua Guatemala.
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. Out of the five variables composing the index, the two with the highest weight experienced a decrease with respect to the previous month, explains a guild report.
High operating costs and the contraction of internal consumption are some of the reasons why in Costa Rica manufacturing companies under definitive regime report a decrease in their production, a situation that contrasts with the dynamism of companies in free trade zones.
Because of the drop in the inventory of raw materials and the behavior of the delivery terms taken by suppliers, in May the Monthly Manufacturing Activity Index in the Dominican Republic dropped 5% with respect to the same month in 2018.
Regarding the inter-monthly variation, the Monthly Manufacturing Activity Index (IMAM) of the Dominican RepublicIndustries Association (AIRD) rose from 56.6 in April to 58.9 in May 2019. Out of the five variables that make up the index, the two with the highest weight experienced an increase with respect to the previous month.
During the first quarter of 2019, of the total number of companies surveyed in the manufacturing sector, 24% stated that their level of production increased, while 44% indicated that no changes were made.
The "Quarterly Survey of Business Opinion to the Manufacturing Sector", prepared by the Central Bank of the Dominican Republic, states that 33% of companies assured that their production level was lower than the previous quarter.
Because of the drop in production and sales, in April the Monthly Manufacturing Activity Index in the Dominican Republic dropped 10% with respect to the same month in 2018.
The Monthly Manufacturing Activity Index (IMAM) of the Association of Industries of the Dominican Republic (AIRD) fell from 60.7 in March to 56.0 in April, according to the sector guild.
In Costa Rica, Thermo Fisher Scientific opened a new 1,400 square meter distribution center in Coyol Free Zone, Alajuela.
This investment represents the third expansion of the company in the country in 7 years, and with its new distribution center Thermo Fisher increased its installed capacity by 52%, reported the Costa Rican Coalition of Development Initiatives.
Explained by an increase in production and sales, in March the Monthly Manufacturing Activity Index in the Dominican Republic increased 9% with respect to the same month in 2018.
Data from the Association of Industries of the Dominican Republic (AIRD) indicate that the Monthly Manufacturing Activity Index (IMAM) increased from 55 in February to 60.7 in March, the highest performance during the third month since 2016.
In Costa Rica, businessmen expect job creation to stagnate this year, as only a thousand new jobs are expected to be created, resulting in a year-on-year increase of just 0.7%.
The forecasts of the Chamber of Industries of Costa Rica (ICRC) for this one are the result of the study that the sector carries out every year, which concludes that in the most positive scenario, the performance of production, employment and investment, would be similar to that of 2018.
Because of the reduction in production and sales, in February the Monthly Manufacturing Activity Index in the Dominican Republic fell 6% with respect to the same month in 2018.
The Monthly Manufacturing Activity Index (IMAM) decreased from 63.2 in January to 55.2 in February, being this behavior lower than the one exhibited during February last year when it stood at 58.9, reported the Dominican RepublicIndustries Association (AIRD).
Because of the increase in production and sales, in January the Monthly Manufacturing Activity Index in the Dominican Republic grew 8% with respect to the same month in 2018.
The Monthly Manufacturing Activity Index (IMAM) showed its highest historical performance in the first month of the year, rising from 57.3 in December 2018 to 65.2 in January 2019, reported the Association of Industries of the Dominican Republic (AIRD).
In the Dominican Republic, the Monthly Manufacturing Activity Index maintained an upward trend throughout 2018, contrasting with the behavior shown in 2017 and 2018.
The Association of Industries of the Dominican Republic (AIRD) reported that manufacturing activity closed the year on the rise, reporting in December 2018 an increase of 4% compared to the same month in 2017.
The normative that establishes the specifications to measure the quality, safety and duration of school footwear, as well as its raw materials and components for its manufacture, was presented.
The Minister of Economy, Luz Estrella Rodríguez, in her capacity as President of the National Quality Council (CNC), delivered the national technical standard for school footwear to the Ministry of Education (MINED) and the Chamber of the Footwear and Allied Industry of El Salvador (CALZAES).
Explained again by the increase in production and sales, in November the Monthly Manufacturing Activity Index in the Dominican Republic increased 22% with respect to the same month in 2017.
The Association of Industries of the Dominican Republic (AIRD) reported that manufacturing activity continued to rise during November. The index was 52.7 in September, 58.3 in October and 64.1 in November 2018, the highest level compared to the same period in 2015-2017.
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