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Thursday, July 7, 2011

Auto Industry Telling of U.S.-Mexico Trade and Economy Relations

When speculating on trade relations between the U.S. and Mexico, it's easy to refer to a variety of resources for an estimate on which is the biggest trade product. As this Houston article mentions, "Anyone wondering which industrial sector is the most important in U.S.-Mexico border trade only has to see what the double-stacked freight cars [...]."

This large amount of trade across borders is indicative of the health of cross-border trade between the U.S. and Mexico.

In the words of Keith Patridge, the McAllen Economic Development Corp. President,"We lost a few factories that did not survive the U.S. recession, operations that were purchased or merged. But Reynosa last year added 4,000 jobs, even with the violence, at maquiladoras in all categories."

Read about what other business leaders had to say about the increase in foreign investment in Mexico.

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