INSUBCONTINENT EXCLUSIVE:
Mexico achieved a 3.3% economic growth in the third quarter of 2023, marking consistent progress amid global challenges.This growth,
confirmed by the National Institute of Statistics and Geography INEGI, aligns with initial estimates.The primary sector saw a notable 5.5%
increase, outpacing the secondary and tertiary sectors with 4.4% and 2.6% growth, respectively.This expansion signifies the tenth
preliminary 0.9% estimate.Each sector contributed positively: primary activities grew 2.6%, secondary 1.3%, and tertiary 0.9%.The first nine
Nearshoring Industry Parks in Mexico are Popping up
sustained economic growth is remarkable, especially given the global economic volatility in recent years.This consistent expansion reflects
capabilities, while advancements in the secondary sector highlight its thriving manufacturing industry.These sectors have benefitted from
nearshoring trends, where companies relocate operations closer to the U.S
stable than some of its Latin American counterparts, often facing greater economic fluctuations.This stability attracts foreign investments,
and inflation.This resilience positions Mexico as a key player in the regional economy, capable of navigating global challenges while
country must continue to adapt to changing global economic conditions, focusing on sustainable growth and diversification to maintain its
