Mexico reached a new all-time high in Foreign Direct Investment (FDI) inflows, with US$29.041 billion in the first half of 2023. Mexico’s strategic geographic location, connectivity, skilled labor and diverse industrial production base, as well as its limited barriers to investment, have attracted significant FDI in the manufacturing,
According to IRI data for the last 10 weeks ended May 31, 2023, the U.S. beer industry declined 0.6%, while craft beer declined 2.7% during the same period. In this regard, Tilray Brands, parent of craft beer company SW Brewing Company (SweetWater), indicates that the alcoholic beverage category,
The delivery of goods via unmanned aerial vehicles -or drones– is a relatively recent development, says a report by the U.S. International Trade Commission (USITC). The drone industry continues to expand beyond its military origins to become a powerful business tool and recreational activity. According to Business Insider
Major processed food companies, such as Nestlé, Pepsico, Danone, Conagra Foods, Unilever, Lala, Herdez, Bimbo, La Costeña, GRUMA, Sigma, Mondelez and Coca-Cola, had primary production facilities in Mexico City, according to a U.S. Department of Agriculture (USDA) report. Historically, Mexico City’s economy included more industrial production, services, and
U.S. international trade in services recorded growth in both exports and imports, according to data from the International Trade Commission (USITC). On the one hand, total services exports from the United States increased 15.9% in 2022 compared to 2021. During this period, exports in most sectors grew significantly.
In developed markets, steel production fell sharply during the second half of 2022, particularly in the fourth quarter of the year, before rebounding in the first half of 2023. ArcelorMittal said that in Europe, voluntary production curtailment in response to high energy costs brought steel production in the