San Luis Potosí is perhaps not as popular as the tourist destinations of Oaxaca or Cancún; however, its profile is on the rise. While the historic centre of the state’s capital city is an attraction in itself, it is the more remote areas where the current administration is seeking to capitalise on the potential in adventure tourism.
With GDP growth above the national average, an expanding population and new immigration from abroad, San Luis Potosí’s real estate sector looks set to expand. This will be further encouraged by the deficit of 11,000 homes in and around the capital city, according to Mauricio Ramírez, general director of the State Housing Institute of San Luis...
San Luis Potosí initially found wealth as a mining town after gold and silver were discovered in the area in 1592. Indeed, its name derives partly from Potosí, the Bolivian town that had the reputation as the richest city in the world thanks to its silver deposits. The state’s mining boom never quite took off like its namesake’s, but the...
Posting growth of 4.26% in 2015, Nuevo León remains well above the national average of 2.53%, with construction, transport, and financial services and insurance displaying the strongest levels of growth. Although manufacturing has experienced a slight decline in recent years, it remains the chief productive sector of the state, according to...
Agriculture may never be able to compete with the manufacturing industry as a proportion of GDP, simply due to the relative volumes involved, but this does not detract from the importance of the sector in San Luis Potosí’s economic development.
The boom in automotive jobs has been an important factor in bringing unemployment down in San Luis Potosí. In the last quarter of 2016 the state recorded the lowest ever unemployment level for the state and the fourth-lowest level in Mexico at 1.97%. As of January 2017 approximately 400,000 people were employed in the formal labour market....
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