Jalisco’s Economy Shows Steady Growth Amid Inflation Challenges
state’s economic health. As of July 2024, inflation in Jalisco stands at 5.9%. Despite this, the state shows resilience through significant economic activities.
Jalisco received $5.36 billion in remittances by the second quarter of 2024, reflecting the continued support from its citizens abroad. The state also created 4,024 jobs in the first quarter of 2024, contributing to employment growth. Foreign investment reached $1.49 billion in the same period, emphasizing investor confidence in Jalisco’s economy.
The state’s export sector remains robust, with total exports amounting to $27.565 billion in the first quarter of 2024. Retail sales increased by 0.7% annually by May 2024, indicating steady consumer activity.
Actinver highlights that Jalisco’s industries have significant potential to boost the state’s development further. The financial group reaffirms its commitment to supporting local economies with financial tools that enhance the management of personal finances, ensuring continued economic stability and growth.
Looking ahead, Jalisco’s ability to harness its economic potential will be key to sustaining its growth. With strong foreign investment, increasing exports, and steady job creation, the state can navigate challenges and continue its upward trajectory. Actinver’s ongoing support will be vital in empowering local industries and individuals to contribute to Jalisco’s future success. https://banderasnews.com/
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