Study reveals data from January’s Industrial Indicators

2024-03-21 21:20:21

The study Industrial Indicators, published on the Industry Portal, states that the initial outlook for 2024 reveals a positive scenario for the manufacturing industry, with advances in several indicators. The document also presents that although real revenue and the use of installed capacity remained stable, other aspects presented positive data, such as the number of hours worked in production, which varied 0.4% in the comparison between January 2024 and December 2023 , and indicators related to the labor market, which showed growth of 0.3% in January, in the same period of comparison.

The study also states that in addition to the advance compared to the previous month, the annual comparison also demonstrates a positive scenario for the industry. Revenue (3.4%) and the number of hours worked in production (0.8%) recorded growth, indicating a gradual recovery, as highlighted by the publication. The report also points out that it is important to note that employment fell (-0.3%) compared to the same period of the previous year, despite recent growth.

It is noted that data from industrial indicators from January this year indicate a moment, according to the publication, of heating in the labor market, with advances in the wage bill and the average income of industrial workers. According to data released in the study content and seasonally adjusted, the average income increased by 0.6% from December 2023 to January 2024. This steady increase follows a series of fluctuations between May and October last year, with the average income accumulating an increase of 4.4% between November and January. Compared to January 2023, growth was observed, recording an increase of 6.4%.

José Antônio Valente, director of the equipment rental franchises Franquias Trans Obra, stated that a positive aspect observed in the data is the warming in the job market, reflected in the increase in the wage bill and the average income of industry workers. José Antônio continued saying that the constant growth in average income, accumulating an increase of 4.4% between November and January, indicates an improvement in the financial conditions of workers, which could boost consumption and further stimulate economic activity. Furthermore, it is crucial that companies and policymakers remain attentive to market trends and adopt proactive measures to sustain and strengthen this positive momentum including investments in workforce training, adoption of innovative technologies and policies that promote a business-friendly environment. favorable to the sustainable growth of the manufacturing industry. “By doing so, we can consolidate recent gains and pave the way for an even more prosperous and dynamic future for the Brazilian industrial sector.”

Still in the report, which is available at the link provided at the beginning of this article, it is observed that the Installed Capacity Utilization (UCI) presented a rate of 77.6% in January 2024, remaining stable with a variation of -0 .1 percentage point (pp) compared to December 2023, according to seasonal adjustments. According to the report, since the second half of 2021, the indicator has shown a downward trend. In comparison with January 2023, the UCI recorded a drop of 1.9 pp.

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