The executive of the real estate firm Newmark said that there is a growth and absorption of industrial spaces in Ciudad Juárez, Saltillo, Nava, Monclova and La Laguna. Nearshoring has not only brought greater demand for industrial spaces, but also has boosted the development of secondary markets (other cities that were not listed) to serve […]
Closing of crossings in Texas interrupts trade between Mexico and the US: Concamin
The Confederation of Industrial Chambers (Concamin) warned that the temporary closure of the rail border crossings of Eagle Pass and El Paso, Texas, interrupts the commercial relations of Mexico and the United States and contravenes the USMCA. There is concern about the unilateral decision by the United States Customs and Border Protection (CBP) to temporarily […]
Mexico is heading to supply 50% of US auto parts purchases: INA
As of the third quarter of the year, Mexico has expanded its advantage as the leading supplier of automotive components to the neighboring market, supplying 43% of the US needs, a gain of 3.7 points compared to the level at the end of 2022. Mexico not only became the main supplier of auto parts for […]
How much does a gas station dispatcher earn in Mexico? This is the salary offered by Pemex, Shell, BP and G500
Tips and commissions are not included in the salaries of thousands of workers in the country The issue of salaries in Mexico has become a trend in recent days, especially after President Andrés Manuel López Obrador announced that there will be a 20% increase in that area. According to the platform specialized in job search […]
Why are cities in Latin America getting more expensive?
TWO REGIONS stood out in this year’s Worldwide Cost of Living survey by EIU, our sister company. Europe had some of the most expensive cities in the world: Zurich came joint first with Singapore, and western European cities occupied ten of the top 20 spots. But the biggest climbers of any region were cities in […]
Tourism contributed 8.5% to Mexico’s GDP in 2022; recovered pre-pandemic levels
The production and trade of crafts, the sale of flights, reservations in hotels and guest houses and restaurants, bars and nightclubs are the services that generate the most income within the tourism sector. After being one of the sectors hardest hit by confinements and the Covid-19 health crisis, the tourism sector consolidated its recovery and […]
With AMLO, Mexico continues among the poorest countries in Latin America: ECLAC
During the government of President Andrés Manuel López Obrador, Mexico has remained among the poorest countries in the region and in 2022 it was only surpassed in that indicator by El Salvador, Argentina and Colombia, indicated in a study the Economic Commission for Latin America and the Caribbean (ECLAC). According to the agency’s own measurements, […]
Moody’s highlights Mexico as a safe destination for investments “in the face of intensifying risks in Latin America”
The credit risk rating agency also highlights the threats to the country such as deficiencies in infrastructure or the Government’s intervention in different sectors, canceling concessions to private companies and handing over activities to the Army. Due to its proximity and economic integration with the United States, Mexico will be the largest Latin American country […]
Trade, investments, exchange of students and volunteers unite Mexico and Japan
In 2022, Mexico’s imports from Japan totaled 18,297 million dollars Between Mexico and Japan there is not only an Economic Partnership Agreement that increased trade and investments, there is also the exchange of scholarship holders and volunteers either to study or to participate in cooperation projects. In 2022, Mexico’s imports from Japan totaled 18,297 million […]
Did AMLO help Tabasco? It is the state that grew the most in 2022
The rebound in economic activity in the southeast occurs in the context of works such as the Dos Bocas refinery and the Maya Train. During last year, the Mexican economy achieved an annual growth of 3.9 percent, but among the 32 entities that are part of the national territory, the one that had the greatest […]