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AIRD Presents Industrial Survey Results; business climate grows by four quarter

SANTO DOMINGO, Dominican Republic.- The Association of Industries of the Dominican Republic (AIRD) presented the results of the Industrial Situation Survey (ECI), in which the perceptions of businessmen about the national economy, the investment climate are evidenced and the probabilities of sales.

The survey that summarizes the result of the performance and perceptions of entrepreneurs through the calculation of the Industrial Confidence Index (ICI) and the Business Climate (ICE), states that the latter went from 38.1 in the January-March 2020 quarter to 60.5 in the quarter January-March 2021, being the one that has increased the most.

This behavior is a consequence, according to the survey, of the opinion of businessmen about the Dominican economy, the international economy, the branch of activity, the investment climate and the company.

That is, the appreciation that entrepreneurs have regarding the environment in which they carry out their businesses, establishing the extent to which they feel more or less optimistic in relation to these various indicators.

AIRD explained that, on the other hand, the Industrial Confidence Index (ICI) showed a downward behavior, going from 52.6 in the October-December 2020 quarter to 52.0 in the January-March quarter of this year.

This index measures the perceptions that industrialists have regarding the behavior of sales, production and inventories in the industries, thus indicating the existing probabilities that industrialists will increase or not their production in the short term.

For the first quarter of 2021, the increase in real production was above the expectations reflected in the survey corresponding to the fourth quarter 2020.

Similar behaviors exhibited sales in the industries for the first quarter of 2021, where the balance of sales was higher than the projected expectations. Expectations were 0.0, while the opinion balance was 10.6.

Expectations for the next quarter (January-March 2021) are at 0.0. Graph No. 5 completes this information:

Regarding exports, the percentage of companies that exported in the first quarter decreased from 74% in the October-December 2020 quarter to 62% in the January-March 2021 quarter

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