Puerto Vallarta News

Puerto Vallarta News

Mexico factory activity rebounds in Sept, helped by exports

Mexico factory activity rebounds in Sept, helped by exports

The pace of growth in Mexico's manufacturing sector picked up in September after a slump, helped by increases in new orders and the steepest rise in export sales in over three years, a survey showed on Monday.

The IHS Markit Mexico Manufacturing Purchasing Managers' Index rose to 51.7 in September from a 10-month low of 50.7 in August.

A reading above 50 signals expansion in the sector, while a reading below that points to contraction.

"With new work flowing in, goods producers loosened their purse strings, buying inputs and hiring additional workers at . . .

Read Full Story

Related Posts

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA stopped jungle clearing in Xcalacoco near Playa del Carmen after a complaint warned it...
US fugitive arrested in Playa del Carmen

US fugitive arrested in Playa del Carmen

Mexican federal agents detained Otmane Khalladi in Playa del Carmen, a U.S.-wanted suspect accused of...
Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez sealed a sister-city pact to share tourism, culture and...
Playa Mujeres resort plan scrapped as officials step in

Playa Mujeres resort plan scrapped as officials step in

A proposed Playa Mujeres resort near Cancún was canceled after environmental authorities closed the review,...