More Mexicans Head To The Beach

July 2008 | Data Release

Mexican GDP growth in Q108 was helped somewhat by a 5.4% y-o-y increase in the commerce, restaurant and hotels sector. Growth in this sector, the second largest by share of GDP, outstripped that of the largest industry, manufacturing, by 2.7%, surprising given that this sector is expected to have a large exposure to the any US economic downturn.

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