Login to Digital Content
User:
Pass:
 
Last News
  • Aerospace sector, efficient; reaches US$1 billion trade surplus
  • US$40 million investment made in Jalisco electronics industry
  • Hong Kong businessmen interested on making business with Mexico
  • Bombardier’s restructure will not affect Mexico
  • New landing system in Nuevo Laredo Airport
  • Querétaro, a driving force for aerospace exports
  • The State of Mexico has received investments for US$7.727 billion
  • Aerospace engineers wanted
  • Investment for US$374 million in the State of Mexico announced
  • Axalta will invest US$10.5 million to increase production in Mexico
  • President’s airplane delivered
  • Private investment for US$384 million in new industrial parks at Guanajuato
  • Amistad joins Nortek’s Divisions CES Group and Nordyne Ribbon Cutting Ceremony: July 2014
  • Amistad & Gentherm host Ribbon Cutting Ceremony: August 2014
  • OMA supports its growth on hubs and stakeholders
  • Ten companies are interested in investing in Coahuila
  • Ferromex invests in railroads network
  • Puebla will have new industrial parks
  • Businessmen announce investments in the energy sector
  • Nuevo Leon, at the wheel of automotive innovation in Mexico
  • Manufacturing sector will provide impulse to economy: HSBC

    Mexico.- Grupo Financiero HSBC forecasts 3.4% growth by the Mexican economy upon closing 2012, taking into consideration the trends expected in the manufacturing sector. Sergio Martin Moreno, Chief Economist for Mexico with HSBC, said that according to the Purchasing Manager’s Index (PMI) of the Mexican Manufacturing Sector prepared by HSBC, last April a new improvement was observed in the sector’s conditions. He explained that these arises from a substantial increase in both production and new orders over March, which took PMI from 53.9 points to 56.3 points; in addition to remaining above the 50 points threshold. “HSBC’s Manufacturing PMI reached 56.3 points in April, the highest in the last 12 months. This suggests that the industrial sector will keep a positive impulse and supports our 3.4% GDP forecast for 2012, which means growth over the average 3% posted in the last 15 years”, he said.
    Source: Notimex | Date: 07/05/2012