Login to Digital Content
User:
Pass:
 
Last News
  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • Manufacturing GDP up 5.5%

    Mexico City — Manufacturing industry posted 5.5% growth of its Gross Domestic Product in the first quarter 2012 over even term in 2011, which greatly exceeds 4% expectations, according to data from the Mexican Statistics Agency, Instituto Nacional de Estadistica y Geografia (INEGI). Leticia Armenta Fraire, Head of Economic Analysis Center in Tecnologico de Monterrey, considered that this growth is pushed by the reactivation of Mexican exports to the United States, which went up in the first quarter of the year, after the deceleration they suffered last September due to weakness in the US market, the main destination of Mexican goods. INEGI pointed-out that Mexico’s sales abroad grew 13.7% in September 2011, 13.4% in October and 10.1% in November, but in December they plummeted growing only 8.2%, while last January they went up 10.5% and in February the increase was 16.3%.
    Source: CNN Expansion | Date: 21/05/2012