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The recent trend of American companies “near-shoring” factories from Asia to Mexico will also spur business travel, he said. “We’ve seen a lot of U.S. companies relocating or expanding ...
Companies are well advised to consider the contract manufacturing or subcontract manufacture option when the work to be performed requires approximately 25 individuals or less, or is sporadic. Once this number is surpassed, other options would provide savings as a result of economies of scale derived from increased labor content.
General Motors employee Mari says that for the past decade, she has felt powerless to demand higher pay at the plant in central Mexico that cranks out hundreds of thousands of profitable pickup ...
Capital expenditure plans were revised down 1% for companies with a high reported share of sales to Canada, Mexico, and China. Podcast: Why Trump tariffs may not hammer retail
Economists in Mexico have argued that the growth and higher salaries that the Act should have created have failed to materialize for the workers of Mexico. Wages in Mexico have stagnated as well in the years following the passage of NAFTA, and inequality in the country still remains high, a trend that mirrors the economic trends in the United ...
Mexico is the third largest remittance receiving country in the world, with a total of $25.7 billion received in 2015. [3] The vast majority of these remittances come from the U.S. In all, only $500 million of the $25.7 billion in remittances came from sources other than the United States. [ 3 ]
MEXICO CITY (Reuters) -Mexico is doing everything it can to protect a regional trade agreement with the U.S. and Canada, the Latin American nation's deputy economy minister said in an interview ...
The economy of Mexico is a developing mixed-market economy. [21] It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. [4] Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals.