Construction Manufacturing Value Grows in Puebla: The Economy

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Construction Manufacturing Value Grows in Puebla: The Economy

In July, employment, salaries, income and spending on consumption of goods and services also increased.

Puebla City, Bu. – Thanks to the current government led by Sergio Salomon, which is stimulating development throughout the state, the production value of construction companies in Puebla recorded 835.8 million pesos, 33.8 percent more than the work carried out in June, placing the company in second national place. In development, the Ministry of Economy said.

Based on data from the National Institute of Statistics and Geography (INEGI), the value of work in July 2023 was 211 million pesos higher compared to June. 530 million pesos while it was 57.7 percent.

Likewise, income from the construction sector in Puebla increased by 4.6 percent on a monthly basis to exceed 853.3 million pesos, while the number of employees employed increased by 0.69 percent and salaries increased by 0.1 percent compared to June 2023.

For its part, spending on consumption of goods and services increased by 38.2 percent compared to June 2023 and 10.8 percent compared to July 2022, registering a value of more than 545.8 million pesos.

In July 2023 and with seasonally adjusted data, the results of INEGI’s National Institute of Construction (ENEC) indicated an increase of 4.4 percent in real terms compared to last June, in Puebla. Growth is higher than the national average.

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