The Monthly Index of Activity Manufacturing (IMAM) of the Association of Industries of the Dominican Republic (AIRD) increased and recovered from 48.29 in May to 56.74 in June of this year.
Results greater than 50 correspond to greater activity compared to the previous month. In this case, a increased activity in June compared to May 2024.
He IMAM It is composed of five variables: sales, productionjobs, inventories and delivery times. In June, four of the five variables showed an increase.
- “Volume of sales” rose from 55.8 in May to 60.4 in June
- “Employment“went from 54.3 to 57.1 in the May-June period
- “Raw materials inventory” increased from 52.9 in May to 61.0 in June
- “Delivery time suppliers” went from 47.0 in May to 48.6 in June
- “Volume of production” dropped from 57.3 in May to 55.7 in June 2024
He IMAM It is an adaptation of the Purchasing Managers Index (PMI, (the acronym in English) to the reality of the Dominican manufacturing sector, constituting a portrait of the manufacturing activity of one month in relation to the previous one, in a quick and simple way.
In order to better visualize the trend of cycle economicA three-month moving average was performed, showing that the indicator remains above 50 points.
In the months of April and May There is significant volatility in the results of the IMAM which could have been influenced by the electoral process and its impact on the historical cyclicality of manufacturing activity, says the AIRD.
The index is constructed through monthly surveys of general managers and/or purchasing managers of AIRD member companies. Data are collected during the first 20 days of the following month through online surveys.
