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Tuesday, July 12, 2011
Manufacturing Increases in Mexico
In the Latin American economy, there is a lot of talk about Mexico. The Mexican economy is “growing considerably faster” than that of the United States, according to an article by The New York Times.
The New York Times stated, “The Mexican economy, the second largest in Latin America after Brazil, grew 5.5 percent last year, its fastest pace in a decade, and is expected to grow 4.5 percent this year, driven largely by manufacturing as well as internal growth from an expanding middle class.”
International business expansion to Mexico has become very common with more manufacturing plants installing themselves in Mexico every year.
What are your thoughts on the subject? Do you have any news or insight you'd like to share?
Feel free to leave me your comments below.
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