Yucatan’s rapid first-quarter economic growth is attributed to increased production in manufacturing, construction and tourism, according to government reports.
Economic activity overall grew 2.7 percent over the same period in 2013. Industrial activity alone grew 5.8 percent. This outpaces the national economic growth rate of 1.8 percent, making Yucatan the 11th fastest growing state in Mexico.
During the first four months of the year, the construction industry grew by an average 17.85 percent. This growth is driven by the momentum generated by public works, up 28.02 percent over the same period last year.
In fact, Construction in Yucatan contributed to an overall upbeat economic report for the beginning of 2014.
In June, the state’s unemployment rate stood at 2.29 percent, compared to 2.94 percent in June 2013 and well below the national rate of 4.84 percent.
Activity at the Progreso shipping port increased 4.9 percent in July, with nearly 1,600 freight and passenger units passing through.
more recommended stories
“Cásate contigo” (Marry yourself), a new holistic experience in the Riviera Maya
“Cásate contigo” is a new four-day.
Valladolid’s federal highway under repair
Staff of the Ministry of Communications.
“Alberto” First tropical storm of the year forms east of the Yucatan Peninsula
The first Tropical Storm of 2018.
Number of visitors to Yucatan’s archaeological zones keeps growing
Yucatán has reported an increase in.
Progreso police officers confuse famous rappers with criminals
On Wednesday May 23rd, agents of.
Mexico will not renegotiate NAFTA under pressure, makes new offer instead
Mexico will not buckle to pressure.
Campeche: the oil dream is over, it’s time to wake up to a Tourism Reality
Campeche begins to wake up. Gone.
Regulation: the next step for Mexico’s gambling industry?
It’s considered an inspiring holiday destination,.
Why a career in the healthcare sector is a good choice?
If you want a career that’s.
World Turtle Day is celebrated on May 23
Since the year 2000, World Turtle.