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  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • 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