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Montevideo, April 26th 2024 - 10:55 UTC

Tag: manufacturing

  • Thursday, February 7th 2019 - 10:05 UTC

    Manufacturing in Argentina was 5% down during 2018

    Automobiles and auto-parts production were down 25.1%, and farm machinery 48.3%, according to Indec's release

    Manufacturing performance in Argentina during 2018 was one of the worst since the 2001/02 collapse and melting of the country's economy according to the latest release from the stats office, Indec. Manufacturing dropped 14.7% in December compared to the same month in 2017, ending 2018 with an overall decrease of 5%.

  • Saturday, November 3rd 2018 - 07:57 UTC

    Brazilian manufacturing activity and staff hiring expanded in October

    Brazilian goods producers hired additional staff at the beginning of the fourth quarter in the midst of attempts to stimulate production

    Manufacturing activity in Brazil expanded in October as strong demand prompted firms to increase payrolls for the first time in three months, bolstering the outlook for a steady economic recovery. The Purchasing Managers' Index calculated by research firm Markit rose to 51.1 from 50.9 in September, holding above the 50 threshold separating a contraction from an expansion for a fourth straight month.