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Last News
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • Factories cut down jobs throughout the world

    Mexico City — Factories all over the world reduced the number of employees for the first time since November 2009, because global manufacturing activity shrank for the second month in a row, a survey revealed last Wednesday. JPMorgan’s Index on World Factory Activity fell to 48.4 in July from 49.1 in June and dropped even lower from the 50 points mark separating growth from shrinkage. JPMorgan, responsible to prepare the survey, warned that amidst weak demand and a steep drop in orders placed, more layoffs may be expected. “Recent cost cuts are providing some respire, but this will be of little benefit in the long term if underlying demand is unable to rebound”, David Hensley, Director, Global Economic Coordination for JPMorgan, said.
    Source: Reforma | Date: 03/08/2012