The Monthly Index of Manufacturing Activity (IMAM) was located at 51.24 in January of this year, increasing compared to the value of last December (49.1) and rising above the threshold of 50a behavior that was fundamentally due to the increase in the variables “sales”, “production” and “employment”.
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This was reported by the Association of Industries of the Dominican Republic (AIRD), an entity that explained that the “sales volume” went from 48.30 to 50.16; “production” rose from 47.90 to 51.32 and “employment” increased from 48.04 to 54. On the other hand, “raw materials inventory” fell slightly from 52.94 to 52.00 and “supplier delivery time” fell from 52.94 to 48.00.
He IMAM It is an adaptation to the reality of the Dominican manufacturing sector of the Purchasing Managers’ Index (PMI), constituting a portrait of the industrial activity of one month in relation to the previous one, in a quick and simple way, explained the company. AIRD via press release.
Results greater than threshold of 50 indicate a positive performance for the industry and greater activity compared to the previous month. On the other hand, minor results indicate a less activity in relation to the previous period.
About him IMAM
Due to the possibility of carrying out surveys and receiving responses quickly, this indicator allows obtaining information on economic trends prior to publication of official statistics and serves as a reference for economists, opinion makers and decision makers, foreseeing the trends in the economic progress of the sector.
The index is built through monthly surveys made to the general directors and/or purchasing managers of the companies associated with the AIRD. The data is collected the first 20 days of the following month through online surveys.
