Agência Brasil
Rio – The latest survey of the manufacturing segment by the Getulio Vargas Foundation (FGV) has found that the level of use of installed capacity has risen to levels that have not been seen since 1976. At the moment, installed capacity use is running at 86.1% (in October 1976, it reached 89%).
The survey also found that 35% of the businesses surveyed intend to contract new workers between now and the end of the year. Only 9% said they would be reducing their workforce. On the other hand, the number of businesses that said they would be raising prices fell from 44% to 38%.
Finally, 24% of the businesses interviewed said demand in their sector was strong, compared to 9% who said it was weak. That is the biggest difference between the two answers since October 1994. And when the survey asked if business was good, 43% responded positively, while only 7% said it was weak. The difference of 36 percentage points between the two answers in the biggest in the FGV survey since 1995.
