Tag

Economy

More than 5,000 Cruise Passengers Boost Puerto Vallarta Economy by Over $600,000

Puerto Vallarta, Mexico - Puerto Vallarta experienced a surge in economic activity yesterday as more than 5,000 cruise passengers and crew members arrived aboard the...
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Moody’s Credit Rating Downgrade Signals Trouble Ahead for Mexico’s Economy

Mexico City, Mexico — Moody’s Investors Service has downgraded the outlook on Mexico’s credit rating from “stable” to “negative,” while maintaining the country’s sovereign rating...
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Superpeso: Mexican Peso Strengthens for Third Consecutive Day Thanks to Strong US Economy

Puerto Vallarta, Mexico - The Mexican peso extended its rally against the U.S. dollar for the third straight day on Thursday, August 15, 2024, driven...
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Puerto Vallarta Welcomes Record-Breaking Cruise Visitors, Boosting Local Economy

Puerto Vallarta, Mexico - Puerto Vallarta, known as the "green pearl of the Mexican Pacific," has marked an impressive start to the year, welcoming a...
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Elections in the US and Mexico Will Impact Mexico’s Economy in 2024

Puerto Vallarta, Mexico - In a recent address at the Economic Perspectives Seminar of ITAM 2024, Alejandrina Salcedo, the Director of Economic Research at the...
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Puerto Vallarta Registers Surge in Cruise Ship Arrivals, Boosting Tourism Economy

PUERTO VALLARTA (PVDN) - Puerto Vallarta is experiencing a significant uptick in cruise ship arrivals, with an impressive 78% year-on-year increase reported in the first...
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Mexican Economy Stagnates in May, Falling Short of Expected Growth

PUERTO VALLARTA (PVDN) - The Mexican economy showed no growth in May, stagnating at a 0 percent variation compared to the previous month, according to...
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Mexican Economy Races Ahead in 2023: Robust Consumption Fuels 4% GDP Growth

The Mexican economy is set to finish 2023 on a high note, propelled by an impressive resurgence in consumer spending. According to the Timely Indicator...
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Recent Protests Disrupt 40% of Puerto Vallarta’s Economy

Puerto Vallarta (PVDN) - Tourism, a critical sector of Puerto Vallarta's economy, has been severely affected by protests, suffering both reputational damage and direct harm...
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Mexico’s tourism outlook for 2023 maintains concern for slowdown in US economy and violence at home

Puerto Vallarta (PVDN) - The wave of travelers to Mexico continues to grow. The renewed enthusiasm of international tourists to visit the country's destinations benefits...
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Mexico’s economy grows 3.1 percent in 2022

Puerto Vallarta (PVDN) - Mexico's economy grew 3.1 percent during 2022, slightly better than the previously estimated 3.0 percent, according to revised Gross Domestic Product...
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Mexico’s economy grew by 3% in 2022

The Mexican economy is growing despite a bleak environment of geopolitical conflicts and inflation. The Gross Domestic Product (GDP) of Mexico registered a growth of...
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