CONTACT US
Manufacturing Economic Expectations June 2024
July 30, 2024
- The new orders index decreased compared to the previous month by four units, below the expansion threshold at 46.8 points.
- The political outlook was mentioned as the main issue for the industry for the third consecutive month, affecting 54% of companies. month in a row, impacting companies' 54%.
The Economic Expectations Indicator for Nuevo Leon's manufacturing sector conducted by CAINTRA during the month of June 2024 during the month of June 2024 shows most indicators in the contraction zone.
In greater detail, the new orders index decreased with respect to the previous month by 4 units, below the expansion threshold at 46.8 points. After three months above 50 points After three months above 50 points, the physical volume of production returned to the contraction zone with a reduction of 7 points with respect to May, placing it below the expansion threshold at 46.8 points. of 7 points with respect to May, placing it at 44.6 points.
The capacity utilization index also showed the same pattern, falling below the expansion threshold at 47.3 points. below the expansion threshold at 47.3 points. Similarly, inventory accumulation stood at 48.3 units. at 48.3 units.
With respect to foreign trade, the exports indicator stood at 48.1 points, ending a three-month streak of expansion. On the other hand, imports also slowed imports also slowed, reaching 44.3 points.
The decline in the industry's operations is reflected in the generation of jobs, where the number of workers indicator also contracted with 49.5 points. number of workers also showed a contraction with 49.5 points.
The price indicators continued to advance, although at a slower pace, both registered a decrease with respect to the previous month. The raw materials price indicator The raw materials price indicator reached 56.1 points, while the product price indicator stood at 50.5 points. 50.5 points.
In terms of obstacles to business performance, the political landscape was mentioned as the main issue for industry for the third consecutive month, affecting 541 as the main item for the industry for the third consecutive month, affecting 54% of companies. companies.
Once again, the shortage of trained personnel was the second most common obstacle affecting the second largest number of companies, making operations difficult for 38% of respondents. companies, making operations difficult for 38% of those surveyed.
Weak economic activity and lower external demand ranked next, affecting about 3 out of 10 companies. affecting around 3 out of 10 companies.
Rising commodity prices, exchange rate volatility and insecurity were obstacles for about 1 in 5 companies during June. were obstacles for approximately 1 in 5 companies during June.
Finally, only 26% of companies invested in machinery and equipment during June, the lowest figure since January 2022. since January 2022.

Expectation indicators seek to provide qualitative information on the current situation of the manufacturing industry in Nuevo Leon, through the perspective of company managers on various variables related to their operations. Nuevo León, through the perspective of company managers on various variables related to their operations. For this purpose, businessmen are asked month by month how a list of variables behaved in relation to the previous period. They have the possibility of answering: much lower, lower, equal, higher, much higher. With this, an index is The importance of this index lies in the fact that, if the number obtained is above 50 points, the variable is in expansion; but if it is below 50 points, the variable is in expansion; but if it is below 50 points, the variable is in expansion. If it is below 50 points, the variable is expanding; if it is below 50 points, it is contracting.
CAINTRA NUEVO LEÓN