Login to Digital Content
User:
Pass:
 
Last News
  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peña Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • Nissan will assemble three Infiniti models in the new Aguascalientes Complex
  • International Surface Finishing Academy announces Anodizing for Aerospace Workshop to be held at the UNAQ campus in Queretaro, Mexico
  • Aerospace sector, efficient; reaches US$1 billion trade surplus
  • Deceleration in China, a risk for Mexico: CCE

    Mexico.- Higher taxes and budget cuts in the United States; deceleration in China; volatility in oil prices and the European Union crisis are all factors that pose “a huge contagion potential for economies and slower growth dynamism for Mexico”, according to Gerardo Gutierrez Candiani, Chairman, Consejo Coordinador Empresarial (CCE) (Business Coordination Council). The Business Sector expects economy will grow 3.7% and 3.4% in the third and fourth quarters, respectively. However, Gutierrez Candiani said that “no drastic deceleration is expected, because until now the United States keep incipient but stable recovery conditions. However, dynamism will slow down in what is left of the year, in line with a decrease in exports growth posted in the last few months”. GDP increase forecasts for 2012 close to 4% is kept. “In the first quarter 4.6% year-to-year growth was achieved, and estimates for the second quarter are around 4.2%, so we will keep our original figures”, CCE said in their weekly message.
    Source: La Jornada | Date: 01/08/2012