The Americas Economy

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San Luis Potosí is an integral part of the Bajío industrial region – the engine of the national economy. Within Bajío, the state is a leader in several key industries and in recent years has moved to diversify its offerings. Traditionally, San Luis Potosí has been a centre of direct automotive manufacturing – which is still the largest industry in the area – but there...

With an eye on diversification and increased value-added production and services, the state of Hidalgo has been working in recent years to revitalise its business climate to entice both domestic and international investment in a way that trickles down throughout the local economy, boosting salaries and improving livelihoods. To that end, the government has implemented what in...

Alongside its focus on regenerating Mexico’s hydrocarbons industry, the administration of Andrés Manuel López Obrador has set the target of deriving 35% of the nation’s energy from renewable sources by 2025. However, Juan Pablo Torres Barrera, president of the state industry group Industriales Potosinos, said at the July 2019 Business Forum on Renewable Energy in San Luis...

Internet access is a constitutional right in Mexico, and while penetration rates are gradually increasing, the latest survey from the National Institute of Statistics and Geography suggests that Hidalgo has some work to do to improve connectivity. In 2017 the state ranked 22nd out of 32 nationally for the share of its population that used the internet (59.3%), while it ranked...

With an expanding economy and population, San Luis Potosí was ranked among the top-five Mexican cities for real estate investment in 2019 by online real estate marketplace Lamundi.com.mx and Mexican property consultant Gava Capital. While the prospects for the real estate industry in San Luis Potosí are bright, there is undoubtedly potential for growth in the sector. According...

The state of San Luis Potosí has played a pivotal role at numerous junctures in Mexico’s rich and diverse history. The land marked a crossroads between different cultural regions – Mesoamerica and Aridoamerica – and was home to a number of tribes, such as the Otomi and Chichimeca, for millennia. Like many regional groups, their religion and culture were characterised by the...

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