mexico Archive

  • MEXICO: GDP Grows 0.6% In 2Q17, Lowest Quarterly Growth In A Year The Mexican economy increased 0.6% in the second quarter of 2017, compared to the previous quarter, the lowest quarterly growth in a year, according to seasonally adjusted figures released by the country's statistics office. Before seasonal adjustment, the Mexican economy grew 3% on a yearly basis. Both quarterly and annual growth are in line with preliminary estimates. Finally, with non-seasonally adjusted data, the increase in Gross Domestic Product (GDP) was 1.8% during the second quarter, also in line with the estimates. The figures confirm the most moderate expansion of the Mexican economy in three years.

    MEXICO: GDP Grows 0.6% In 2Q17, Lowest Quarterly Growth In A Year

    MEXICO: GDP Grows 0.6% In 2Q17, Lowest Quarterly Growth In A Year The Mexican economy increased 0.6% in the second quarter of 2017, compared to the previous quarter, the lowest quarterly growth in a year, according to seasonally adjusted figures released by the country's statistics office. Before seasonal adjustment, the Mexican economy grew 3% on a yearly basis. Both quarterly and annual growth are in line with preliminary estimates. Finally, with non-seasonally adjusted data, the increase in Gross Domestic Product (GDP) was 1.8% during the second quarter, also in line with the estimates. The figures confirm the most moderate expansion of the Mexican economy in three years.
    Read More
  • MEXICO: Economic Activity Indicator Up 2.4% On Year In June Mexico's Global Indicator of Economic Activity posted a 2.4% growth in June, on an annual basis, recording a subtle increase when compared to May (+2.2%), said the country's statistics institute. By large groups of activities, services increased by 3.9% on the same comparison basis, primary activities rose 2.2%, while manufacturing remained stable.

    MEXICO: Economic Activity Indicator Up 2.4% On Year In June

    MEXICO: Economic Activity Indicator Up 2.4% On Year In June Mexico's Global Indicator of Economic Activity posted a 2.4% growth in June, on an annual basis, recording a subtle increase when compared to May (+2.2%), said the country's statistics institute. By large groups of activities, services increased by 3.9% on the same comparison basis, primary activities rose 2.2%, while manufacturing remained stable.
    Read More
  • *Mexico Q2 GDP Nsa Up 1.8% On Year, Consensus 1.8% Mexico Q2 GDP Nsa Up 1.8% On Year, Consensus 1.8%

    *Mexico Q2 GDP Nsa Up 1.8% On Year, Consensus 1.8%

    *Mexico Q2 GDP Nsa Up 1.8% On Year, Consensus 1.8% Mexico Q2 GDP Nsa Up 1.8% On Year, Consensus 1.8%
    Read More
  • Well, here's something you don't hear about every day. According to authorities, a 25-year old U.S. citizen has been charged with smuggling more than 13 pounds of methamphetamine into the United States across the Mexican border—via a drone. According to NBC News, Rivera explained to authorities that he’s used drones to transport drugs as many as six times since March of 2017, usually delivering the contraband to an accomplice waiting at a San Diego gas station. Reportedly, the attempt resulting in Rivera’s arrest would have brought him a mere $1,000 in profit. How did Rivera get caught? Apparently, Border Patrol agents saw a drone fly through the San Diego skies on August 8th, then tracked it to Rivera, who was around 2,000 yards removed from the Mexican border. According to authorities, the agents located the drone's owner with a lunchbox filled with meth and a two-foot drone stashed in a bush. Consider the fact that 13 pounds are far more drugs than we’ve previously..

    Man Caught Using Drone to Smuggle 13 Pounds of Meth Across U.S.-Mexico Border

    Well, here's something you don't hear about every day. According to authorities, a 25-year old U.S. citizen has been charged with smuggling more than 13 pounds of methamphetamine into the United States across the Mexican border—via a drone. According to NBC News, Rivera explained to authorities that he’s used drones to transport drugs as many as six times since March of 2017, usually delivering the contraband to an accomplice waiting at a San Diego gas station. Reportedly, the attempt resulting in Rivera’s arrest would have brought him a mere $1,000 in profit. How did Rivera get caught? Apparently, Border Patrol agents saw a drone fly through the San Diego skies on August 8th, then tracked it to Rivera, who was around 2,000 yards removed from the Mexican border. According to authorities, the agents located the drone's owner with a lunchbox filled with meth and a two-foot drone stashed in a bush. Consider the fact that 13 pounds are far more drugs than we’ve previously..
    Read More
  • TOKYO -- Toyota Motor Corp. is pushing back the start of operations at its scheduled new plant in Mexico to the first half of 2020, from the initial plan of 2019, the company said on Thursday. Japan's top automaker had initially planned to start building the Corolla sedan at the $1 billion Guanajuato plant but said last week it would switch production to a new U.S. factory to be built with Mazda Motor Corp. Toyota said the delay was necessary to adjust its supply chain in Mexico to produce the truck-based Tacoma pickup model instead of the Corolla compact car. That factory could also build SUVs, a Toyota spokesman in Mexico said last week. "With the production model change to the Tacoma pickup, the start of production will consequently be in the first half of 2020," a Toyota spokeswoman said. "However, we will make our utmost effort to advance the timing in order to minimize the impact to suppliers and the local community." Until the scheduled start of the joint venture plant ..

    Toyota delays start of output at new Mexico plant

    TOKYO -- Toyota Motor Corp. is pushing back the start of operations at its scheduled new plant in Mexico to the first half of 2020, from the initial plan of 2019, the company said on Thursday. Japan's top automaker had initially planned to start building the Corolla sedan at the $1 billion Guanajuato plant but said last week it would switch production to a new U.S. factory to be built with Mazda Motor Corp. Toyota said the delay was necessary to adjust its supply chain in Mexico to produce the truck-based Tacoma pickup model instead of the Corolla compact car. That factory could also build SUVs, a Toyota spokesman in Mexico said last week. "With the production model change to the Tacoma pickup, the start of production will consequently be in the first half of 2020," a Toyota spokeswoman said. "However, we will make our utmost effort to advance the timing in order to minimize the impact to suppliers and the local community." Until the scheduled start of the joint venture plant ..
    Read More