Puerto Vallarta News

Puerto Vallarta News

Nearshoring and Manufacturing Investment to Drive Mexico’s Economic Growth in 2023

Puerto Vallarta (PVDN) - According to Mexico's government's latest budget forecasts, the country's economy is expected to grow up to 3.0% in both 2023 and 2024, mainly due to increased manufacturing investment and cooling inflation.

The document shows that the ministry predicts the economy to expand between 2.2% and 3.0% this year and between 1.6% and 3.0% in 2024, indicating that the country is making a strong recovery from pandemic-induced losses.

The ministry also mentioned that the lower end of the range for 2023 has been adjusted . . .

Read Full Story

Related Posts

Quintana Roo port upgrades

Quintana Roo port upgrades after higher 2025 revenue

Quintana Roo port upgrades include repairs in Mahahual and Puerto Juárez and new security tech...
Quintana Roo business closures

Quintana Roo business closures hit 3,442 across 2025

Quintana Roo business closures reached 3,442 in 2025, as extortion pressure, tight credit, and rising...
Visitax 2026 unresolved

Visitax 2026 unresolved as Quintana Roo rethinks charge

Visitax 2026 remains unresolved as officials weigh a new way to collect the fee without...
Nichupté Bridge completion

Nichupté Bridge completion nears late January opening

Cancún’s Nichupté Bridge is 92% finished and officials expect it to open in late January...