Puerto Vallarta News

Puerto Vallarta News

Mexico factory exports down, unemployment at 7-year low

Mexico's factory-made exports slumped in November by the most in three months but the jobless rate fell to a seven year low, painting a mixed picture for growth in Latin America's second largest economy.

Manufactured exports were down 3.5 percent in November compared with October in seasonally adjusted terms, its biggest drop since August, the national statistics agency said on Thursday.

Auto exports fell 1.9 percent while other factory exports slumped by 4.3 percent, the data showed.

Mexico exports mostly manufactured goods like cars and televisions and nearly 80 percent are sent to the . . .

Read Full Story

Related Posts

peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Cabo San Lucas water

Puerto Vallarta water outage will hit 40 neighborhoods Friday

CFE maintenance will cut power, limiting water in 40 Puerto Vallarta neighborhoods from 1 p.m....
Playa del Carmen pivots to conscious sustainable tourism

Playa del Carmen pivots to conscious sustainable tourism

Tourism chief Estefanía Hernández says Playa del Carmen is pivoting to sustainability, inclusion and local...
San Miguel de Allende marks Ignacio Allende birthday

San Miguel de Allende marks Ignacio Allende birthday

A civic-military ceremony, procession to Casa de Allende, and downtown parade marked Ignacio Allende’s birthday...