Employment

On balance, more manufacturing firms expected to decrease their total employment levels over the following quarter. The balance registered in August for this indicator was -9 compared to a -19 balance registered for the previous month. These negative...

On balance, more manufacturing firms expected to decrease their total employment levels over the following quarter. The balance registered in August for this indicator was -9 compared to a -19 balance registered for the previous month.

These negative employment expectations were mainly driven by negative employment expectations for the consumer goods sector (-23 in August compared to +11 in July), which outweighed the positive balance registered for the investment goods sector (+10 in August compared to +3 registered in July).

The intermediate goods sector reported a 0 balance in terms of employment expectations compared to a balance of -52 registered in July.

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