Monday, May 14, 2012

The Mexican economy laughs at the world crisis


The Mexican economic growth

It seems that the last released numbers about the Mexican economy are rather positive and encouraging. In fact, according to Instituto Mexicano de Ejecutivos de Finanzas (IMEF), after a light recession in March, the manufacturing Index of the country has come back up to 52.3 points, which is rather good. The manufacturing Index testifies the amount of manufacturing activity occurred in one month by a country. The non-manufacturing index tracks the non-manufacturing activity over the same period of time. The non-manufacturing index is up to 53.2 points, as high as the one in January 2012. 

Having these two index superior to 50 points is really positive. This index goes from 0 to 100 points. If the index is below 50 points, it means that the activity of the country is low and that the country probably experiences a recession, especially, if it goes on over several months. A superior-to-50 number indicates a period of growth for the country. Both index are very trusted economic measures.

In the current critic period for the world, whereas the European Union struggles every day to keep the countries tight and united to each other in order to save the economy of the old continent, Mexico cuts a fine figure. Regarding the demand in manufacturing goods, Mexico registered a quite maintained rate up to 52 points over the past 4 months. In other words, the demands have not sunken because people keep steadily asking for manufactured and non-manufactured products.

Mexico possesses strong assets to struggle and face crisis. Mexico can be proud of its economy.

American-development.com in Playa Del Carmen.

2 comments:

  1. Thanks for great information you write it very clean. I am very lucky to get this tips from you.


    Manufacturing in Mexico

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  2. It is our pleasure, Rahul. Thank you for sharing your opinion.

    ReplyDelete