During March 2021, the level of industrial activity in Mexico registered an increase of 0.7% compared to the previous month, linking another month to the recovery trend after the unprecedented crisis during the months with stoppage of operations due to Covid-19.
Industrial activities make up the sector that have achieved a more dynamic recovery in relation to tertiary activities; According to figures from the Inegi (National Institute of Statistics and Geography), the Monthly Industrial Activity Indicator has already been showing progress for 10 months, although it still remains below the levels registered before the pandemic.
In its year-on-year comparison, industrial activity rebounded 1.5% after hitting its lowest historical records in March last year due to the confinement decreed before the arrival of the virus.
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Within industrial activity, the sector with the greatest dynamism is that of manufacturing industries. In March 2021 it grew 3.0% compared to the previous month and its year-on-year rebound reached a 5.5 percent rise.
This situation is relevant for the Mexican economy because manufacturing is one of the most important sectors in economic activity and foreign trade, especially automotive and electronic manufacturing.
Reynosa stands out for being a border market driven by the manufacturing industry.
According to Solili, Reynosa closed positively and with growth in 1Q 2021. Registering a demand of almost 650 thousand square meters thanks to companies already established in the market that sought to expand their operations, such as: Hydro, Emerson, BBB Industries, among other.
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