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

What Mexico’s World Cup Will Test Beyond Its Stadiums

What Mexico’s World Cup Will Test Beyond Its Stadiums

Mexico’s World Cup will test streets, transit, policing, vendors, public viewing, and whether the gains...
Why Mexico City Shakes and Sinks at the Same Time

Why Mexico City Shakes and Sinks at the Same Time

Mexico City faces two linked risks: earthquakes amplified by soft soil and sinking ground driven...
Can Plan México Bring Investment Without Losing Control

Can Plan México Bring Investment Without Losing Control

Plan México fast-tracks strategic projects while using state planning, procurement and infrastructure to steer private...

Christian Mobile Network Eyes Mexico With LGBT Blocks

Radiant Mobile plans a Christian phone service that blocks LGBT and gender content, with Mexico...