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