Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican economy seen shrinking in second quarter

Mexico's economy likely shrank in the second quarter, with a stagnant service sector and a drop in industrial output contributing to the decline.

Mexico will report quarterly gross domestic product (GDP) data on Monday, and according to the median responses of five economists polled by Reuters, seasonally adjusted GDP likely contracted by 0.3 percent from the first quarter.

The economy grew 0.8 percent in the first quarter.

Compared with the second quarter of 2015, the economists saw GDP expanding 2.40 percent. Growth was 2.6 percent in the first quarter versus the year-ago period.

According . . .

Read Full Story

Related Posts

Puerto Vallarta restores limited access toward Las Palmas after La Desembocada bridge damage

Puerto Vallarta restores limited access toward Las Palmas after La Desembocada bridge damage

Puerto Vallarta restores limited access toward Las Palmas after La Desembocada bridge damage, with foot...
Trump’s 10% global tariff starts, USMCA exempts Mexico

Trump’s 10% global tariff starts, USMCA exempts Mexico

U.S. starts a 10% global import duty for 150 days. Mexico’s USMCA/T-MEC goods are exempt,...
puerto vallarta life

Puerto Vallarta Malecón steadies as visitors return

A walk through central Puerto Vallarta finds the Malecón active again, restaurants reopening, and heavier...
puerto vallarta plan

I have lived in Mexico for 20 years, and I still feel safe in Puerto Vallarta

I moved to Mexico 20 years ago at a time when Mexico’s violence was the lead story...