Puerto Vallarta News

Puerto Vallarta News

economy

‘A new Mexican miracle’ has transpired in recent years, the economy

Mexico has in recent years become a transformed nation with a burgeoning middle class, and little poverty according to world standards, says the Dallas Morning News.

It is no less than what could be called "a new Mexican miracle," which developed slowly and almost imperceptibly in recent years, said Richard Parker, a columnist for the publication.

He underlines that chronic unemployment has fallen back to 3.2 percent, "in a nation that once produced more babies than jobs every year" and while underemployment remains a stubborn thorn, the revenues have increased.

The average Mexican household earns about $13,000 dollars . . .

Read Full Story

Related Posts

Rally Maya México confirms Cancún finish for 2026 tour

Rally Maya México confirms Cancún finish for 2026 tour

Rally Maya México announced its 2026 dates and five-stage route, starting in Palenque and ending...
Los Muertos Pier hosts free Valentine DJ set in PV

Los Muertos Pier hosts free Valentine DJ set in PV

Puerto Vallarta will light up Los Muertos Pier on Feb. 14 with a free electronic...
Mexico withholding tax shakes real-estate crowdfunding

Mexico withholding tax shakes real-estate crowdfunding

Mexico’s 2026 tax rules force real-estate crowdfunding platforms to withhold 20%–35% on returns, complicating investing...
Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico’s real estate developers grapple with pricier loans and shorter timelines. They’re embracing AI and...