Category: Business

Arizona tourism generated US$70.1 million during 2019

ARIZONA – Arizona experienced its best year ever for tourism in 2019, including setting an all-time high for Arizonans employed by travel industry jobs directly supported by visitor spending, according to new research released by the Arizona...

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Sonora reports US$3.3 million in losses due to railroad lockout

VICAM – Ten days after the blockade of the railway in the town of Vicam, Sonora, Ferromex has reported losses of more than US$33 million This situation affected about 50 companies, as well as national and international traffic, reported Jose...

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Chihuahua’s tourism helps attract FDI

CHIHUAHUA – Since the beginning of the COVID-19 pandemic, Chihuahua’s entire tourism value chain has been dedicated to supporting the rest of the economic activities and thus ensuring the arrival of investments; likewise, work has been done to...

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COVID-19 decreased 32% of foreign trade revenues

CIUDAD JUAREZ — Due to the COVID-19 pandemic, during May Ciudad Juarez Border Customs received almost US$44 million less in foreign trade than it did during the same period of 2019 According to data from the Tax Administration Service...

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Amazon Distribution Center arrives to El Paso, TX

EL PASO, TX – A national construction company began work on what will be the new Amazon Distribution Center to be located at the intersection of Rojas and Eastlake, in the east of the city of El Paso Although officials from the Internet sales...

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Juarez will allow rebound in the U.S.

JUAREZ – Since Juarez is an industrial city where most of the maquiladoras are made up of US capital, its recovery will depend more on the United States than on Mexico, said experts "While in Mexico the overall economy continues to decline...

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New Mexico’s coffee industry affected by COVID-19 pandemic

ALBUQUERQUE, NM – The coffee industry in New Mexico has taken a hit during the COVID-19 pandemic Just like restaurants, coffee shops in the state cannot provide indoor seating for customers “I think it's been a lot more difficult on the...

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Coahuila expects to resume mining production

COAHUILA – The last months have been difficult for mining in Coahuila, however there are big expectations for the next months of 2020, due to the reactivation of AHMSA's production and the resumption of coal purchases by the CFE, said Miguel...

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Juarez’ bars report millions in losses

JUAREZ – Members of the Chihuahua Association of Amusement Centers would consider joining the demand made by the Ciudadanos Unidos de Juárez group so that the orange traffic light is no longer extended, which makes it impossible for bars,...

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Nuevo Leon’s companies lost US$16.9 billion

MONTERREY – After the weak performance of the economy last year, with a 01% reduction in GDP, the expectation for Monterrey companies during 2020 was not positive, and the arrival of the COVID -19 pandemic further complicated their situation and...

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