• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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With close to 60m crossings per year in both directions, the boundary between Baja California (BC) and the US is the most crossed border in the world. BC is one of six Mexican states that share a border with the US, as well as being one of 11 states with access to the Pacific Ocean coast. The administration is looking to expand the existing...

How does not being connected to the national power grid affect power intensive industries?

 

As in many other sectors, proximity to US markets has been a strong driver of Mexican manufacturing, and Baja California (BC) has developed important infrastructure for the simplification and efficiency of international commerce. Many examples exist, including border crossings, railroad, highways, seaports and airports, which make commercial...

 

Despite accounting for just 1.7% of Mexico’s population and 2% of the economy, Querétaro is, in many ways, a picture of the country Mexico wants to become. Querétaro, however, has a head start over many other states. It is home to more than a dozen universities that work closely with local industry to produce engineers and other professionals...

 

The growth of local industry and Querétaro’s location in the centre of the country have contributed to the emergence of the state as a domestic logistics hub. In 2012 shipping, mail and storage accounted for 7.9% of Querétaro’s economy. In Mexico as a whole, logistics contributes about 7% to GDP. In Querétaro, according to the state’s Ministry...

 

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...

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