Tag Archives: services

Mexico’s Economic Strength Slips as 2022 Comes to a Close

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By KELIN DILLON According to Mexico’s autonomous ​​National Institute of Statistics and Geography (Inegi) and its corresponding Timely Indicator of Economic Activity (IOAE), the Mexican economy slowed down at the end of 2022 as November’s reported .1 percent economic decline ended the nation’s previous four-month streak of positive economic growth. November’s figures represent Mexico’s first economic decline since June 2022,

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Effective, Reciprocal Labor Enforcement Is Essential for USMCA

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OPINION By ÁLVARO SANTOS Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) was born from a threat and a promise. The threat was to eliminate the North American Free Trade Agreement (NAFTA) altogether despite the huge regional market it helped create. The promise was to make that market more beneficial to the United States, and,

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AICM’s Pricey Cleaning Contract Canceled

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By KELIN DILLON Following multiple complaints lodged by companies that had been competing in April 2021 for the cleaning contract for the Mexico City International Airport (AICM), the two-year, 21.6 million pesos per month contract granted by the Mexican government to Iroa Real Estate Services, Tecnolimpuerta Delta, Joad Cleaning and Services, and Aseo Privado Institucional was suspended on June 29

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Mexico Facing Uneven Economic Recovery

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XINHUA In the wake of the novel coronavirus pandemic, Mexico’s economic recovery has been “asymmetric,” with export-driven manufacturing bouncing back stronger than retail trade and services for the domestic market, the Mexican Institute of Finance Executives (IMEF) said on Monday, Nov. 2. The IMEF’s manufacturing indicator rose 3.2 points in October compared to the previous month, to reach 50.1, indicating

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