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Argentina Marks Industry and Ferretero Days as Data Show Deep Industrial Slump

Fresh INDEC readings confirm contraction with low capacity use, intensifying calls for modernization across digital services, customer experience, sustainability.

Overview

  • September 2 is the Day of the Industry, tied to the 1587 departure of the caravel San Antonio from the Riachuelo with textiles and flour, a voyage later alleged to have concealed prohibited silver from Potosí.
  • The Unión Industrial Argentina has marked the date since 1941, framing it as a recognition of the sector’s role in growth and social cohesion.
  • Official figures cited in the coverage report manufacturing output fell 9.4% in 2024, the EMAE showed a 20.4% year‑on‑year drop for industry in June 2024, and capacity utilization was 53.4% in March 2025 versus 67.3% a year earlier.
  • Reporting emphasizes a shift from competing on price to building value through integrated services, direct digital channels, personalized support and sustainability certifications.
  • September 3 is the National Day of the Ferretero, commemorating the 1905 founding of the association later known as CAFARA, with the observance formalized in 1943 and renewed attention to the trade’s role in local economies.