Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s economy expanded more than forecast in the second quarter

Mexican economic growth was stronger than expected in the second quarter as industrial activity and domestic demand perked up, signaling a recovery in Latin America's No. 2 economy is gathering pace.

Gross domestic product grew 1.04 percent in the second quarter compared to the first three months of the year , as services and industry expanded at their fastest rate since the third quarter of 2013, data showed on Thursday.

The figure was above a forecast in a Reuters poll for 0.8 percent growth and the upwardly revised 0.44 percent rate reached in the January to March . . .

Read Full Story

Related Posts

Puerto Morelos property seized over permit violations

Puerto Morelos property seized over permit violations

Authorities secured a Puerto Morelos property as they investigate alleged lot sales and missing environmental...
Why El Niño may matter more than storms in Quintana Roo

Why El Niño may matter more than storms in Quintana Roo

A likely return of El Niño could reshape rain, heat, and sea conditions in Quintana...
Playa del Carmen Beaches Show Moderate Sargassum Today

Playa del Carmen Beaches Show Moderate Sargassum Today

Most Playa del Carmen beaches were rated with moderate sargassum on April 14, while Playacar’s...
Playa del Carmen builders report weeks without jobs

Playa del Carmen builders report weeks without jobs

Construction workers in Playa del Carmen say stalled projects have left them jobless for weeks,...