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Monday, November 28, 2011
'Black Friday' Defines Maquila Industry's Production Rates
Via MaquilaPortal.com: Employment in maquiladora industry greatly depends on consumers’ behavior throughout the United States tomorrow, “Black Friday”, when Holidays shopping starts, said Jose Luis Armendariz Bailon, Chairman of Maquiladoras Association, Asociacion de Maquiladoras Asociacion Civil (AMAC) Mr. Armendariz reminded that consumers’ behavior in the so-called “Black Friday”, one day after Thanksgiving, offers a hint of the status of US economy. Based on such behavior, he added, corporations set their strategies for the next year and start planning production. Depending on production, Armendariz Bailon pointed-out, labor force growth is estimated, so companies will start planning depending on what happens this Friday.
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