Impact of the COVID-19 Pandemic on Sales Across Economic Sectors: A Canonical Biplot Analysis in Milagro, Ecuador

Resumen

The article provides a detailed analysis of sales in the San Francisco de
Milagro canton during the period 2017-2023, focusing on economic resilience in
the face of the COVID-19 pandemic. Using data from the Internal Revenue Service
and the International Standard Industrial Classification, the main economic sectors
are identified, and their evolution over time is analyzed. Distinctive patterns in sales
are observed, highlighting the impact of the pandemic on sectors such as Commerce
and Agriculture. The application of Canonical Biplot provides a graphical visualization
of the relationships between sectors and years, revealing complex patterns and
underscoring the importance of promoting trade and agriculture to ensure long-term
economic stability in Ecuador.