Modena and Reggio Emilia among them top 10 in Italy as provinces with a vocation in manufacturing. The research office of our association has developed a survey that illustrates how the two territories are at the top on national soil.
Modena 4th for manufacturing vocation
Modenaaccording to the data, appears to be the 4th province in Italy and the first in Emilia-Romagna for manufacturing vocation with 37.7%. In the Region, compared to a weight of manufacturing employment which on the national average is equal to 20.1%, there are some territories which are more exposed to the crisis, with a weight of manufacturing which in Emilia-Romagna is equal to 27, 3% (third largest region in Italy behind Veneto and Marche). From an analysis carried out by the Lapam Confartigianato research office, it emerges that manufacturing in our country is experiencing a moment of difficulty.
Reggio Emilia 9th in Italy for manufacturing vocation
Reggio Emilia it is the 9th province in Italy and the 2nd in Emilia-Romagna (behind Modena) in terms of manufacturing vocation with 33.5%. In the Region, compared to a weight of manufacturing employment which on the national average is equal to 20.1%, there are some territories which are more exposed to the crisis, with a weight of manufacturing which in Emilia-Romagna is equal to 27, 3% (third largest region in Italy behind Veneto and Marche).
The situation at national level
At a national level, the sector in greatest crisis is that of Fashion, in which production in the first quarter of 2024 dropped by 9.9% compared to a year earlier, and worsening the -8.9% of the first quarter of the year. In detail, for textiles and clothing there was a decline of 6.7% while the decline became more severe for leather and footwear (-15.7%). There were also more intense declines than average in wood, machinery, rubber and plastic materials, computers and electronics, glass, ceramics, cement, metallurgy, furniture, other manufacturing, printing and motor vehicles.
The president of our association Gilberto Luppi concludes:
The delay in the recovery of international trade contributes to the slowdown in Italian manufacturing. Furthermore, businesses have been hindered in their investments by the rising cost of money: we welcome the ECB’s decision to begin the process of lowering reference rates, but more needs to be done. The signals coming from the trend of exports and demand for work require us to strengthen our commitment to create a favorable context for doing business: reduction of tax pressure, fight against bureaucracy, containment of public administration costs, better access to credit , efficient public services and infrastructures, rapid justice and welfare attentive to the new needs of citizens and entrepreneurs.
