Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Erotic Sculptures on Vallarta Malecón Stir Debate

Erotic Sculptures on Vallarta Malecón Stir Debate

Erotic sculptures installed on Puerto Vallarta’s Malecón for Art Week drew complaints and reopened debate...
Puerto Vallarta yellow flags

Puerto Vallarta Raises Red Tide Warnings at 4 Beaches

Puerto Vallarta posted purple warning flags at four beaches over red tide conditions, adding fresh...
Mexico and US Set New T-MEC Talks in Mexico City

Mexico and US Set New T-MEC Talks in Mexico City

Mexico and the U.S. will hold the next T-MEC pre-review talks on April 19 and...
Flex ties $1 billion Mexico bet to AI data centers

Flex ties $1 billion Mexico bet to AI data centers

Flex will invest $1 billion in Mexico through 2028 to expand AI and data-center equipment...