Help From Abroad Is Firing Up Mexico's EconomyGene Koretz
What's North America's healthiest economy? Believe it or not, right now it appears to be Mexico, which posted 5.6% annual growth in the second half of last year, while its two trading partners to the north sank deeper into a slump. The acceleration, says economist Robert Gay of Morgan Stanley & Co., reflected a surge in fixed investment, particularly by foreign companies responding to Mexico's new economic stability and more liberal investment rules.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.