Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s economy seen posting 0% growth in second quarter

Mexico’s economy likely did not grow in the second quarter, weighed down by a slump in industrial production, declining investment and a weakening of the vast services sector, according to a Reuters survey published on Friday.

Gross Domestic Product (GDP) growth in Latin America’s second largest economy is seen at 0.0% in the second quarter versus the previous three-month period, in seasonally adjusted terms, according to the median forecast of 12 analysts. MXGDQP=ECI

“Whether or not the number is above or below zero, the economy is extremely weak. GDP has hardly grown at all over . . .

Read Full Story

Related Posts

Presa Allende Cleanup Starts as Water Hyacinth Spreads

Presa Allende Cleanup Starts as Water Hyacinth Spreads

Volunteers and Conagua begin removing water hyacinth from Presa Allende in a broader push to...
Riviera Maya Turtle Work Gains Caribbean Spotlight

Riviera Maya Turtle Work Gains Caribbean Spotlight

Eco-Bahía brought Riviera Maya turtle data to a Caribbean congress, highlighting hatchling protection and the...
Mexico’s Fast-Growing Cities Are Hitting Traffic Walls

Mexico’s Fast-Growing Cities Are Hitting Traffic Walls

León, Puebla and Tijuana show how fast growth, pricier housing and weak transit planning are...
Archaeologists warn looting and land sales are destroying a Chalco archaeological site

Archaeologists warn looting and land sales are destroying a Chalco archaeological site

Archaeologists say looting, illegal land sales and encroachment are destroying Los Tlalteles, a major pre-Hispanic...