Date: January, 2002
Abstract: The economy, after contracting in 2001, is projected to grow moderately at 1.2% in 2002.
The downturn last year is attributed primarily to the slowdown in the U.S. economy. As such, the expected turn around in that country in 2002 will push economic growth in Mexico back into the positive column.
Normally there is a six month lag between economic performance in the U.S. and the response in Mexico. This year, however, because of both the high degree of economic integration...
Research Type: Industry Note