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98.9% of the remittances arrived in Mexico through electronic transfers, 95.5% came from the United States and 82.3% were paid in non-banking institutions. Jalisco, Michoacán and Guanajuato were the states that received the most remittances, each exceeding 5 billion dollars in 2022.
GDP advanced 4.8% in 2021, 8 states recovered to pre-pandemic levels. Administrative, Support and Financial Services sectors stall while Manufacturing, Wholesale/Retail and Transportation sectors accelerate.
GDP advanced 19.6% annually as of 2Q21, 14 out of 20 sectors are still below what was observed in 2019. It is confirmed that the economic recovery will come through industrial means by greater foreign trade
GMM and K-means allow us to produce classification systems to evaluate industry performance, analyze state economic resiliency, and assess MSA sustainability. Our industry classification system (ICS) helps identify common patterns and the impac…
In 2021 the automotive industry will grow again. Southeast still requires more productive investment to boost the regional economy.
