Mexican newspaper
Nearly 5.6 million square meters of industrial space was built in Mexico in 2023, as nearshoring drove demand for increased warehousing space ... Show more mexiconewsdaily.com/real-estate/nearshoring-credited-for-mexicos-industrial-real-estate-boom-in-2023/
Mexico emerges as Biden’s immigration Hail Mary: The Biden administration is leaning on Mexico to help reduce the number of migrants showing up at the southern ...
thehill.com/latino/4382061-mexico-biden-immigration-border-2024/
With the presidential election just over six months away, a poll published on Monday shows the Morena candidate #ClaudiaSheinbaum well ahead of #XóchitlGálvez ... Show more mexiconewsdaily.com/politics/presidential-election-sheinbaum-leads-galvez-polls/ #MexicanElection
Headline inflation increased in November, after 9 months of decline: Mexico's annual headline inflation rose slightly to 4.32% in November ...
mexiconewsdaily.com/business/headline-inflation-increased-in-november-after-9-months-of-decline/
Quick Glance: US Job Growth: 199K Added, Unemployment Falls
- Last month, US employers added a solid 199,000 jobs and the unemployment rate dropped.
- The unemployment rate fell from 3.9% to 3.7%, not far from a five-decade low in April.
- The unemployment rate has been below 4% for 22 months, the longest streak since the late 1960s.
- The economy and labor market are showing signs of slowing back to pre-pandemic levels as inflation decreases.
What got more (or less) expensive in Mexico in October?: Mexico's annual headline inflation rate declined to 4.26% in October, but monthly price increases ...
mexiconewsdaily.com/business/what-got-more-or-less-expensive-in-mexico-in-october/
Drought conditions now affect 67% of Mexican territory: Mexico has suffered a year of record low rainfall, with over half of the country now in a state of ...
mexiconewsdaily.com/news/drought-conditions-now-affect-67-of-mexican-territory/
Mexico’s skylines are getting taller: The height of the tallest skyscrapers in Mexico could increase up to 80% in coming years, says a report by industry ...
mexiconewsdaily.com/real-estate/mexicos-skylines-are-getting-taller/
Quick Glance: Mexico's Skyline is Reaching New Heights
- Mexico City is home to 46% of the country's tall and super-tall buildings.
- In 2017, the KOI Tower in Monterrey became Mexico's tallest skyscraper at 279.5 meters high.
- In 2020, it was surpassed by the Torre Obispado in the same city.
- As the height of tall buildings rises, so does the number - in the last ten years, Mexico has seen an average of 10 tall to supertall buildings completed per year and is home to over 160 skyscrapers between 50 to 300 meters tall.
Is demand for industrial space outstripping supply in Mexico?: Industrial space is growing scarce as nearshoring brings foreign businesses to Mexico ...
mexiconewsdaily.com/real-estate/is-demand-for-industrial-space-outstripping-supply-in-mexico/
Inflation continues downward trend in September: The annual headline rate for the first half of September is slightly lower than expected ...
mexiconewsdaily.com/business/inflation-continues-downward-trend-in-september/
Felipe Ángeles airport (AIFA) in CDMX has record-breaking July: July was the busiest month on record for Mexico City's new airport, as the aiport reported ...
mexiconewsdaily.com/travel/felipe-angeles-airport-aifa-in-cdmx-has-record-breaking-july/
Quick Glance: Felipe Ángeles Airport Sets July Record
- Over 250,000 passengers used Felipe Ángeles International Airport (AIFA) in July, surpassing any other month since its opening in March 2022.
- Passenger traffic at Felipe Ángeles airport in Mexico City increased by 607% in July compared to 2022.
- The army-built airport, located about 45 kilometers north of central Mexico City, had a slow start with fewer than 40,000 passengers each month between March and July last year.
- Despite continued growth this year, AIFA is still operating well below its capacity of 20 million passengers per year, according to the government.
Mexico's ports have received nearly 5 million cruise ship visitors in the first half of the year as the industry recovers from the pandemic.
To read more ... Show more mexiconewsdaily.com/travel/cruise-passengers-in-cozumel-up-almost-74-in-first-half-of-year/ #Mexicotravel #travel #cruiseship #cruiselife #cruisetime #cruisetravel
The pieces had been in the possession of a private collector for 70 years, and were voluntarily returned to the Mexican state.
To read more ... Show more mexiconewsdaily.com/culture/20-pre-columbian-artifacts-repatriated-to-mexico-from-belgium/ #MexicoNews #News #archeology #archeologists #history #culture
Grupo Modelo and Millfoods to invest US $300 million in Guanajuato: The plant will be the largest processing facility of non-GM corn in the world according to ...
mexiconewsdaily.com/business/grupo-modelo-and-millfoods-to-invest-us-300-million-in-guanajuato/
Number of unidentified remains in Mexico increased 338% in 2022: Processing of human remains is hampered by a lack of forensic infrastructure in many states and ...
mexiconewsdaily.com/news/number-of-unidentified-remains-in-mexico-increased-338-in-2022/
Government decrees 13 new natural protected areas across Mexico: The government has established new protected areas covering almost 18,000 hectares in six states ...
mexiconewsdaily.com/news/government-decrees-13-new-natural-protected-areas-across-mexico/
Investment in automotive manufacturing hits historic high: In June, the US $5B in foreign direct investment in the industry had already surpassed any previously ...
mexiconewsdaily.com/business/investment-in-automotive-manufacturing-hits-historic-high/
More flight reductions ordered at Mexico City International Airport: Saturation at AICM has forced new reductions in operations, says the government ...
mexiconewsdaily.com/travel/more-flight-reductions-ordered-at-mexico-city-international-airport/
Less than 5% of illegal firearms are seized by Mexican authorities: The newspaper El Economista found that Mexico has failed to keep up with the pace and volume ...
mexiconewsdaily.com/news/less-than-5-of-illegal-firearms-are-seized-by-mexican-authorities/
Remittances to Mexico break records for first half of year: Remittances sent home by Mexicans totaled US $30.2 billion for the first half of 2023 — an all-time ...
mexiconewsdaily.com/business/remittances-broke-records/
Quick Glance: Record-breaking Remittances to Mexico in First Half
- Remittances to Mexico reach a record high of $30.2 billion in the first half of 2023, with a 9.9% annual increase, according to the Bank of Mexico.
- 4.9 million households in Mexico receive remittances from family members abroad.
- Remittances provide crucial financial support for many low-income families.
- In June 2023 alone, remittances amount to $5.6 billion, marking 38 consecutive months of growth and four consecutive months exceeding $5 billion.
Mexico maintains position as largest trade partner of the US: Mexico beat both Canada and China in trade with the world's largest economy in the first half of ...
mexiconewsdaily.com/business/mexico-maintains-position-as-largest-trade-partner-of-the-us/
Mexico expands tariffs to protect domestic markets: The Economy Ministry announced Tuesday that tariffs will increase on 483 imported products, including steel ...
mexiconewsdaily.com/business/mexico-expands-tariffs-on-483-products-to-protect-domestic-markets/
Inflows of foreign capital, remittances and the Bank of Mexico's high interest rate are cited as reasons for the currency's appreciation.
To read more ... Show more mexiconewsdaily.com/business/peso-strengthens-again-reaching-16-62-to-the-us-dollar/ #MexicoNews #economy #business #peso #superpeso #trade #currency
According to the property management company Alterhome, Los Cabos now beats Mexico City in revenue from short-term rentals.
To read more ... Show more mexiconewsdaily.com/real-estate/los-cabos-surpasses-mexico-city-short-term-rentals-revenue/ #mexiconews #realstate #mexicorealestate #rental #loscabos #cabosanlucas #cabosanlucasmexico
Economy Minister: Isthmus corridor will contribute up to 5% of GDP: The industrial route connecting the Gulf of Mexico with the Pacific has 65 interested ...
mexiconewsdaily.com/business/economy-minister-isthmus-corridor-to-contribute-5-percent-gdp/
Analysts predict peso will end the year just below 18 to US dollar: Though most experts are predicting the peso to fall to about 17.95 by Dec. 31 ...
mexiconewsdaily.com/business/analysts-predict-peso-will-end-the-year-just-below-18-to-us-dollar/
Average Mexican household income rose by 11% from 2020–2022: The sharp rise from 2020 to 2022 is partly due to pandemic effects and a rising minimum wage that ...
mexiconewsdaily.com/business/average-mx-household-income-increased-11-percent-2022/
IMF improves economic growth outlook for Mexico this year: After projecting 1.8% annual growth in April, the International Monetary Fund increased the projection ...
mexiconewsdaily.com/news/imf-improves-economic-growth-outlook-for-mexico-this-year/
Inflation continues to fall, reaches 4.79% in first half of July: This is the lowest level seen in over two years, and appears on track with the government's ...
mexiconewsdaily.com/news/mexico-inflation-continues-to-fall/
Mexico’s rainfall so far this year is 30% below 2022 levels: The government is considering a new round of cloud seeding in an attempt to create rainfall in parts ...
mexiconewsdaily.com/news/mexicos-rainfall-so-far-this-year-is-30-below-2022-levels/
Record manufacturing and export of trucks in first half of year: Compared to the same period in 2022, manufacturing of heavy vehicles increased by 24.3% ...
mexiconewsdaily.com/business/record-truck-manufacturing-export-first-half-year/
Health Ministry proposes ban on GM corn use in tortillas: The federal government published a draft proposal Monday to modify Mexico's regulatory standards ...
mexiconewsdaily.com/business/mexico-proposes-gm-corn-ban-tortillas/
Car manufacturing up nearly 14% in Mexico in first half of year: Production is 13.9% in the first half of 2023, as the country’s automotive industry continues to ...
mexiconewsdaily.com/business/car-manufacturing-mexico-up-14-percent/
Mexico requests USMCA review of antidumping quotas on steel: Mexico is pushing back against quotas on steel exports after the U.S. found several companies guilty ...
mexiconewsdaily.com/business/mexico-requests-usmca-review-of-antidumping-quotas-on-steel/
Annual inflation fell for 5th consecutive month in June: Last month, headline inflation declined yet again to 5.06% — a total of 2.85 percentage points down from ...
mexiconewsdaily.com/news/annual-inflation-fell-for-5th-consecutive-month-in-june/
PRI-PAN-PRD coalition registers 13 presidential hopefuls: Thirty-three people sought to represent the new PRI-PAN-PRD coalition in the presidential election in ...
mexiconewsdaily.com/politics/13-presidential-hopefuls-registered-by-pri-pan-prd-coalition/
Consumer confidence levels in June highest level in over a year: The national statistics agency INEGI reported Wednesday that the consumer confidence index (ICC) ...
mexiconewsdaily.com/business/consumer-confidence-levels-in-june-highest-level-in-over-a-year/
Mexico: USMCA not applicable in Grupo México mine labor dispute: After a U.S. request that Mexico review a miners' strike in Zacatecas, officials said it ...
mexiconewsdaily.com/business/grupo-mexico-mine-labor-dispute/
Fitch Ratings director says nearshoring an $80B opportunity: Improved infrastructure will help cement foreign investment in Mexico, the credit agency announced ...
mexiconewsdaily.com/business/fitch-ratings-nearshoring-80b-opportunity-mexico/
Law enforcement struggles to detect fentanyl, meth precursor chemicals: Mexican cartels are increasingly manufacturing drugs entirely from chemicals ...
washingtonpost.com/investigations/interactive/2022/precursor-chemicals-fentanyl-meth/
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6-month remittances total up 16% over last year: Remittances totaling US $27.56 billion, a new record, were sent to Mexico in the first half of this year ...
mexiconewsdaily.com/news/remittances-up-over-last-year/
Conagua confirms construction of aqueduct in Nuevo León: The project, scheduled to be completed next year, aims to move water from the El Cuchillo dam to ...
mexiconewsdaily.com/news/conagua-construction-aqueduct-nuevo-leon/
Polls give advantage to Morena party in Sunday's elections: A new poll by suggests that the governing Morena party will soon control at least 20 of ...
mexiconewsdaily.com/news/june-5-polls-favor-morena/
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