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Old 01-06-2011, 01:44 PM
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How the US Stimulus Is Working

Muchas Gracia Amigos!

Traders and analysts will be looking closely at U.S. employment and gross domestic product, since 80% of Mexico's exports head north, and manufacturing gains in both countries have been an important engine for recovery.

"We expect favorable growth both in the U.S. and Mexico," the local brokerage Invex said in its 2011 market outlook, citing new stimulus measures in the U.S. and stability in Mexico's principal economic indicators.

Mexico's economy is thought to have grown at least 5% in 2010, outperforming initial estimates, and the government's current 3.9% forecast for 2011 is likely to be revised upward, according to Finance Minister Ernesto Cordero.



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Old 01-06-2011, 03:27 PM
Craig
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Good, the better the mexican economy; the less border issues the US will have.
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Old 01-06-2011, 03:34 PM
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Good, the better the mexican economy; the less border issues the US will have.
Apparently a part of Mexico's econmic recovery is that ex-pats are returning home, most with savings to spend locally. Also, there seems to be a decrease in birthrate, which may eventually stabilize their labor/employment situation.
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Old 01-06-2011, 03:50 PM
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Mexico is a separate country??? I thought NAFTA made the US and Mexico one?
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Old 01-06-2011, 03:57 PM
Craig
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Mexico is a separate country??? I thought NAFTA made the US and Mexico one?
Does it matter?
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Old 01-06-2011, 09:50 PM
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We're Doomed-- it'll never work.
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Old 01-06-2011, 09:53 PM
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Things are getting better around here, I hope they keep going in the right direction I want another Mercedes!

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