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Jalisco’s Economy Shows Growth Potential with Positive Indicators

Jalisco’s Economy Shows Growth Potential with Positive Indicators

Guadalajara, Jalisco, Mexico – Grupo Financiero Actinver recently released a comprehensive report highlighting Jalisco’s economic indicators for 2024, underscoring the state’s steady growth and promising development outlook.

Inflation in Jalisco is anticipated to reach an annual rate of 5.9% by July 2024, aligning with broader national trends. Meanwhile, remittance flows have surged, reaching $5.36 billion as of the second quarter of 2024, signaling strong financial support from abroad.

Exports have also proven a significant driver for Jalisco, totaling $27.565 billion in the first quarter of 2024. This robust export performance emphasizes Jalisco’s international trade strength and industry capabilities. Alongside these gains, job creation remains on an encouraging path, with 4,024 new positions added annually as of the first quarter.

Foreign investment continues to flow into Jalisco, with an impressive $1.49 billion recorded in the first quarter, showcasing investor confidence and the state’s appeal as a prime location for business ventures. Retail sales are likewise forecasted to grow by 0.7% annually by May 2024, marking resilience in consumer spending.

Actinver highlights the potential of Jalisco’s dynamic industries as key to fostering continued economic progress, positioning the state as a stronghold for both national and international investment. These indicators reflect a promising trajectory for Jalisco’s economy, supporting sustainable growth and opportunity for the future.

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