Revving Up

PANAMA - Forecast 20 Jan 2014 by Marco Fernandez and Guillermo Chapman
Executive Summary The economy is gaining momentum, expanding 8.9% in Q3, up from 7% in Q1 and Q2 (cumulative growth of 8% through Q3, though, is still below the 10%+ of earlier years). These results are explained by a significant Q3 increase in key sectors like mining and construction, and transportation and communications. And all sectors are growing. Mining continues to lead growth, expanding 29.9% in the first three quarters of 2013. This is due to the rise in demand for construction inputs (mainly stone and sand). Construction is the second most dynamic industry, expanding 28.8% y/y in ...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This forecast is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This forecast is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this forecast or its contents.