News

Texas sees first decrease in unemployment

TEXAS – Texas’ unemployment rate fell for the first time since pandemic lockdown measures were implemented in March, according to a release from the Texas Workforce Commission Unemployment fell from 135% in April to 13% in May, providing a...

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Border closure complicates U.S.-Mexico economy

LAREDO – After it was confirmed that the US-Mexico border, which has been closed to "non-essential" activities since March, will continue under these health security measures until July 22, local authorities recognized the economic impact on the...

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Construction companies resume works in Nuevo Leon

NUEVO LEON – With the restart of operations in the construction sector about 600 companies in Nuevo Leon returned to work, of these, more than half belong to the Mexican Chamber of Construction Industry (CMIC), said Jose Francisco Guajardo,...

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Car sales in Chihuahua fall 61.2% in May

CHIHUAHUA – New car sales in the state of Chihuahua continue to drop due to the damages caused by the Covid-19 and accumulated during May, their third month of decline According to data from the Mexican Association of Automobile Dealers...

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Chihuahua will adjust its aerospace production lines

CHIHUAHUA – The aerospace industry could have a growth of 7%, 50% less than what was registered during the last 15 years, estimated Felipe Sandoval, president of the Mexican Federation of Aerospace Industry (FEMIA) He noted that even if...

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U.S. and Mexico extend border restrictions on nonessential travel

MEXICO – Mexico and the United States agreed to extend the closure of their land border to nonessential travel until July 21 after reviewing the development of the spread of the coronavirus in both countries The Mexican Ministry of Foreign...

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Arizona tech industry shows 3.74% job growth

ARIZONA – The Arizona technology industry is one of the largest and fastest-growing economic catalysts for the state Hosting more than 250,000 jobs, technology employees make up 82% of Arizona's workforce and contribute US$322 billion to the...

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TownePlace Suites by Marriott opens in El Paso, Texas

EL PASO – The TownePlace Suites by Marriott El Paso East/I-10 has officially opened for business The new 92-suite hotel is built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and...

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COVID-19 drives Texas sales tax collections to record lows

TEXAS – Texas took in about US$26 billion in state sales taxes in May The May collections were 132% less than in the same month a year ago — the steepest year-over-year decline since January 2010 The majority of May sales tax revenue is...

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US$22 million will be invested in Hermosillo

SONORA – With an investment of around US$44 billion in urban improvement in Cajeme and Hermosillo by Sedatu, the negative impact on Sonora's economy is expected to be mitigated The Secretariat of Agrarian, Territorial and Urban Development...

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