Skip to comments.Mexican economy grew by 3.8% in 2012
Posted on 02/18/2013 9:14:01 AM PST by GlockThe Vote
MEXICO CITY, Feb 18 (Reuters) - Mexico's growth picked up in the final months of last year as strength in consumer spending buoyed Latin America's no. 2 economy but a fall in industrial activity backed bets on lower interest rates ahead.
Mexico's economy grew 0.8 percent in the fourth quarter compared to the third, double the previous quarter's downwardly revised 0.38 percent rate, the national statistics agency said on Monday. Economists in a Reuters poll had projected a 0.6 percent expansion in the fourth quarter.
(Excerpt) Read more at reuters.com ...
Even Mexico has better growth than we do!
Isn’t that roughly three times the rate of growth here?
Title wrong - its 3.9%
Hoax and Chains
Mexico is lucky to have a government much more honest and patriotic than our own.
Communism never works, EVER
Pretty soon we may be sneaking across into Mexico.
That is what Ron Paul and Peter Schiff said about a year ago as things keep getting worse here.
Bring back American jobs.
Obama could care less - same with the scum in the govt
Wonder what they’ll think of all of the armed, illegal Americans who’ll spill across the border? If the SHTF here, mexico is a less armed option.
Zombie Apocolypse - Obama Edition
Compare this information with the amount of funds transferred to Mexico—particularly by Western Union.
The illegals are working here, under the table, no taxes. They live 30 to a house and send over 60% of their pay back to Mexico every week.
Don’t believe me?
Those who are in Calif can go to a Western Union location on Fridays & Saturdays & confirm what I am saying.
This is actually pretty anemic growth for a third world country.
Long term growth rate should be better than 5% if they are running things right.
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