The resilience of Spain’s manufacturers in the face of COVID-19
Fecha: mayo 2021
María José Moral
Manufacturing industry
SEFO, Spanish and International Economic & Financial Outlook, V. 10 N.º 3 (may 2021)
In comparison with peer countries, Spain’s manufacturing output held up relatively well amidst a historic contraction in GDP. That said, despite its strong track record in job creation prior to the crisis, the number of hours worked and employees in the manufacturing sector fell as a result of the pandemic.