Despite the decline, the Tocantins industry is optimistic

Despite the decline, the Tocantins industry is optimistic
Despite the decline, the Tocantins industry is optimistic
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By Editor

The Tocantins industry ended 2023 with a reduction in production and employment, this is what the Industrial Survey reveals, a study prepared by the Federation of Industries of the State of Tocantins (FIETO) and released this Wednesday, 31. The data refers to the 4th quarter and indicate a slowdown in the sector in the period.

In addition to the reduction in production (41 points) and the number of employees (47 points), with both indices below the 50-point dividing line, the use of installed capacity in Tocantins industries also reduced from 65% to 61% between September and December last year, the research shows.

The difficulty in obtaining credit was another problem faced by entrepreneurs throughout the quarter analyzed, as well as financial performance, which was below expectations. On the other hand, investment intentions grew and went from 51 to 56 points from October 2023 to January 2024.

FIETO research technician, Gleicilene Bezerra da Cruz, explains that during the months of December it is common to observe a drop in the performance of the industrial sector, reflected in both production and employment. “However, it is worth highlighting a more optimistic stance on the part of businesspeople in relation to investments, even in the face of persistent challenges in obtaining credit”, she points out.

The confidence of entrepreneurs from Tocantins in relation to the Brazilian economy and their business remained practically unchanged from December to January, going from 47.1 to 47.6 points according to the Industrial Entrepreneur Confidence Index (ICEI), a survey carried out monthly by FIETO .

Although it registered a slight drop of 0.1 point in the period, the Expectations indicator was above 50 points, indicating optimism among Tocantins industrialists for the next six months. The national ICEI was at 53.2 points, indicating confidence and optimism among businesspeople in the sector as a whole, unlike in Tocantins.

Text: Junior Veras

Photo: Archive/FIETO

The article is in Portuguese

Brazil

Tags: decline Tocantins industry optimistic

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