The performance of the activities of ready-mix concrete, milling products and alcoholic beverages explains the 2% growth registered by the sector in 2017, reversing the fall reported in 2016.

The Trade Union of Industrialists of Panama (SIP) reported that last year the manufacturing sector’s share of GDP was 5.2%, and that the activities which boosted the industry were ready-mix concrete, mill products, alcoholic beverages, animal feed preparations, cements and derivatives, and meats.

See “Panama: GDP Up 5% in 2017“

In relation to employment in the sector, the president of the SIP, Michael Morales, told Elcapitalfinanciero.com that ” … the industry has recovered a large part of the jobs lost. In 2017, the industrial manufacturing sector registered 131,214 jobs, while the previous year the figure was 129,765.”