A recent report from the Socioeconomic Observatory of San Martín has raised alarms regarding the region's industrial and employment situation. The report reveals that the installed capacity of local companies has fallen to just 46%, and employment has seen a decrease of 6.3%, marking the lowest levels since the pandemic. This ongoing decline highlights the serious difficulties facing local industries and the broader economic activity in San Martín.

The findings show that businesses in San Martín are operating at less than half of their capacity, and this contraction in employment has persisted for eight consecutive quarters, with the last positive data point recorded in 2023. Local officials, including mayor Fernando Moreira, express deep concern over the