Transport equipment propels Bajio manufacture

The production value of the manufacturing industry in the States of the Bajio region, escalated from 10% to 22% annualized from January–October 2016, informed the Institute National of Statistics and Geography (INEGI). This advance was due primarily to the manufacture of transport equipment in the region. According to the Manufacturing Industry Monthly Survey (EMIM) by INEGI, the manufacturing industry in Guanajuato had a total value of production of US$26.72 billion from January to October, that is, a 12.2% increase compared to the same period in 2015; Queretaro reported a value of US$10.32 million during this period, an advance of 10.3% annualized; San Luis Potosi had a value of US$10 billion, and a 22% annual growth rate, while Aguascalientes had a value of US$8.6 billion and a 12.6% increase. Out of the total production value of the Bajio manufacture, the transport equipment production represented from 25% to 80% of the total add-up, according to INEGI.