In August 2024, the Monthly Manufacturing Activity Index (IMAM) of the Association of Industries of the Dominican Republic (AIRD) was located at 50.2, indicating a slight expansion in the activity of the sector. This index is composed of five key variables:
- Sales
- Production
- Jobs
- Inventories
- Delivery times
In August, a positive performance was observed in the variables of Delivery Time and Raw Materials Inventory, with indices of 55 and 52, respectively. However, the variables of TurnoverEmployment and Production Volume were below the 50.0 threshold, with indices of 49, 47.3 and 45.7, suggesting a slight decline in these areas.
The analysis of the moving averagebased on the last three months, reveals that the IMAM remains above 50.0 points, suggesting a positive trend in the economic cycle of the manufacturing sector.
He IMAM It is an adaptation of the Purchasing Managers Index (P.MI) to the reality of the Dominican manufacturing sector, providing an agile and clear overview of the manufacturing activity monthly compared to the previous month.
Importance of IMAM
This indicator, developed from monthly surveys of general directors and purchasing managers of companies associated with the AIRDallows economic trends to be captured before the publication of official statistics.
Their rapid data collection, carried out during the first 20 days of the following month by online surveysis important for economists, decision makers and analysts, in predicting economic development trends and facilitating the adoption of appropriate measures.
