Manufacturing remains the top contributor to GDP growth
Manufacturing grew by
5.6 percent in the second quarter of 2018, from the 8.0 percent growth in the previous year.
Radio, Television and Communication Equipment and Apparatus, which grew by
13.5 percent, remained the top contributor to growth. Other top contributors to the growth were: Food Manufactures, 5.7 percent; Petroleum and Other Fuel Products, 16.2 percent; Non-Metallic Mineral Products, 11.4 percent; and Fabricated Metal Products, 7.6 percent.
On the other hand, the following industries pulled down the growth of Manufacturing: Chemical & Chemical Products,
3.2 percent; Furniture and Fixtures, 6.5 percent; Transport Equipment, 3.6 percent; Tobacco Manufactures, 14.3 percent; and Basic Metal Industries, 1.3 percent.