The Americas Economy

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The food and beverage sector in Querétaro is one of the state’s two legacy industries, along with automotive. Today it remains the second-biggest manufacturing segment in Querétaro and is an important part of the state’s economy. According to figures from the National Institute for Statistics and Geography, food, beverages and tobacco...

 

In 2013 the IT and telecoms sector contributed 2.5% to Querétaro’s GDP and was one of the economy’s faster-growing segments, according to the state’s Ministry of Sustainable Development (Secretaría de Desarrollo Sustentable, SEDESU). In recent years the sector has grown at an annual rate of 7-8%. Depending on how well Mexico implements reform...

 

According to the Ministry of Sustainable Development, Querétaro’s electronics sector made up 4.6% of the state’s economy in 2013. Focused on household electronics and, to a lesser extent, consumer electronics, the sector is dominated by three players: Mabe, Dongbu Daewoo Electronics and Samsung.

How intense is competition between states in attracting large-scale investments?

 

Having faced several financial crises in recent decades, Mexico has pursued a relatively prudent fiscal policy since the mid-1990s in a largely successful effort to sustain confidence in the country’s financial markets. While the government’s relatively low debt – at only 38.3% of GDP – would suggest that there is significant scope for fiscal...

How can the economic integration of North America be reinforced to increase its competitiveness?

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