Jan 17 2013

Mexican Economy

Posted by domain admin in News

Where are the opportunities for investment in the Mexican economy? April 14th, 2009 the Mexican economy continues downhill and in this panorama is made difficult the search for investment opportunities. However, in this article I will try to decipher the investment opportunities that can bring economic recovery. Without a doubt, projections about the evolution of the Mexican economy for the current year are increasingly alarming. In the latest release of the consulting firm LatinFocus Consensus Forecast, the survey by the same realized an expected contraction of the gross domestic product (GDP), from Mexico of 3.3% for 2009. The crisis of the American economy that is faithfully reflected in the performance of the Mexican economy, has a less desired impact on the labour market. Unemployment is widespread in different segments and already represents not only a problem for the lower segments of the population. Although the largest job losses in Mexico has been observed in the manufacturing sector and in the construction, as it could not be otherwise, also in the sector of people who provide independent services for businesses and professional observed a strong deterioration of the conditions of employment with losses of jobs in the past five months 82.800.

According to analysts of the Invex, for this year, Mexico could lose 320,000 formal jobs. In the month of February, the unemployment rate stood at 5.30% of the economically active population (PEA). The only sectors generators of jobs in Mexico in this context of crisis are the extractive industry, the electrical industry and trade. With the deterioration in working conditions, the consumer sector retailer faces a difficult scene, since families have lost their purchasing power and those that still maintain it, have opted for a low profile front of consumption to take shelter in case of fall in unemployment. So retail sales accumulated five consecutive months of falls (in March registered a fall of 4.6%), and are located at its worst level since 2003.

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