In an article last last year I discussed the average hourly wage rate for auto workers in select countries. I wrote “Mexicans working at the auto factories get between $1 an hour to $ 3 an hour. Mexico’s minimum wage is 73 pesos or $4 a day. Hence auto workers earn much more than the prevailing …
Continue reading ‘Auto Workers in Mexico Earn Less Than Those in China’ »
Mexico is one of the three important trading partners of USA. The Southern neighbor is not only a major exporter of goods to the US market, but the U.S. also exports a substantial amount of goods to Mexico. The following table shows the major trade partners of the US: Click to enlarge Source: A Seaworthy Mexico …
Continue reading ‘On The Bilateral Trade Between USA and Mexico’ »
Mexico is one of the largest emerging markets. Due to its close proximity to the US, the Mexico plays a critical role in the US economy and politics than other markets like Russia, India, China, etc. The Manufacturing industry is the largest industry in Mexico. Some of the other facts about the Mexican economy is shown …
The US and Mexican economies are highly integrated with billions of dollars of goods traded between the countries. In addition, millions of US jobs depend on trade with Mexico. The graphic below shows the trade values and number of US jobs by state in relation to trade with Mexico: Click to enlarge Source: NAFTA Works (Mexico Ministry …
Continue reading ‘US-Mexico Economic Ties: Trade and US Jobs’ »
US equity investors looking for growth stocks can consider opportunities south of the border, Though Mexico is usually avoided by the investment community due to political risk, violence, etc. there are many factors that favor investment in the country’s equity markets. For example, unlike other Latin American economies such as Brazil or Chile, Mexico’s economy …
Continue reading ‘Six Investment Opportunities South of the Border’ »