Manufacturing industry re-gains employment in Sonora

Warning: foreach() argument must be of type array|object, bool given in /home/mexiconow/public_html/sites/mexiconow/wp-content/themes/mexiconowwpnew/single.php on line 253

Sonora's export manufacturing industry, that was stagnant during the 2008-2013 period, has been recovering over the last two years and an increase in job openings and export-related income is expected to occur in 2016, experts say. In 2010, according to data of Mexico's National Institute of Statistics and Geography (Inegi), there were an average 253 factories in the state, and despite the drop down to 216 factories in 2015, this year started out with 220 active factories. 117,349 employments were created by manufacturing companies in January, with revenues for a monthly average of US$600,000 during 2015. Although this industry shares 32 to 34% of the Gross Product of the State, Sonora holds the last place among Northern Mexico States regarding number of industrial buildings and employees hired, and the fifth place in import income. Alvaro Vallejo Aldama, president of Index Hermosillo, declared that the deceleration of the economy in the U.S. affected the Mexican industry, especially in Sonora, that experienced a slight improvement in 2015.