2023-12-19 21:25:13
In a recent study published by Portal da Indústria called Industrial Indicators, data was released for October 2023 which, according to the report, signals a persistent weakness in the sector’s activity. It is possible to observe in the report that the index of hours worked in the industry registered a drop in relation to the previous month, extending a sequence of four months without growth. At the same time, it can be seen in the published document that the industry’s real revenue remained stable in the period, indicating a stagnation that has been taking place since the end of 2022.
Still on the report, it is noted that the Installed Capacity Utilization (UCI), in turn, experienced a moderate increase, reversing the previous month’s decline, but remaining at a level unchanged since June.
The study also presents data on the indicator of hours worked in industrial production, which reveals, according to the report, a challenging scenario for the sector. In October 2023, there was a decline of 0.4% compared to September, marking the fourth consecutive month without growth. In the annual analysis, recorded in the study, the decline is 0.5%, while the accumulated result for the year up to October records a drop of 0.4% compared to the same period in 2022. The document points out that the lack of dynamism in the hours worked reflects the difficult situation that the industry has been facing in recent months.
The published report shows data on the industrial labor market, which after three consecutive months of contraction, showed a positive variation of 0.1% from September to October 2023. However, as presented in the study, this recovery still reveals signs of fragility , with more modest advances compared to the declines throughout the year. The wage bill and average real income indicators, in turn, showed a decline, suggesting that, although there is some growth in employment, wage conditions are facing challenges.
José Antônio Valente, director of the construction equipment rental franchise Franquias Trans Obra states that the continuous decline in the rate of hours worked in the industry over four months, added to the stagnation in real revenue since the end of 2022, signals a challenging environment for companies. “The annual and accumulated data up to October corroborate this negative trend, pointing to a difficult situation faced by the industry in recent months.”
Data from the report, which can be analyzed in the link provided at the beginning of this article, still shows that the industry’s real revenue remained stable from September to October 2023, according to the series free of seasonal effects. However, the broader analysis indicates a downward trend, with a decrease of 0.8% compared to October 2022 and a cumulative year to October with a decrease of 1.0% compared to the same period of the previous year .
Asked about the subject, José Antônio states that it is important to adopt proactive and collaborative strategies to promote the recovery and sustainability of the industry, ensuring the vitality of the sector and its positive impacts on the economy as a whole, also contributing to real revenues trending upward. growth and not decline, as is currently the case.
1703060737
#Hours #worked #index #industry #registers #drop