INEGI projects an annual increase of 1.4% in the manufacturing sector
Reportero Industrial Mexicano | October 08, 2024 |

In August 2024, the timely monthly indicator of manufacturing activity (IMOAM) reached 110.5 points, which anticipates an annual growth of 1.4% in the manufacturing sector of Mexico, this indicator published by the National Institute of Statistics and Geography (INEGI).

The methodology used to generate the IMOAM is based on an econometric model that takes advantage of the administrative records of electricity consumption of the largest economic units in the country.

Of interest: Demand for industrial warehouses in Aguascalientes exceeds 160 thousand m²

The main information comes from the Federal Electricity Commission (CFE) and the National Energy Control Center (CENACE). It has been proven that the consumption of electric energy in the manufacturing sector is highly correlated with industrial production, which allows these data to be used as predictors of manufacturing activity.

Check here: Solili Industrial Report 3Q 2024: 5 million m² of warehouses have been demanded, 20% more than in 2023

Since its introduction in 2025, the IMOAM has proven to be a reliable tool, with 89% coincidence with the IMAI values in the manufacturing sector. This high level of accuracy is crucial for economic analysis and planning, as it allows companies and governments to have timely information on industrial production.

In Solili you can check available warehouses in: Monterrey, Guadalajara y Aguascalientes.

Original Note.

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