Americans buying services from each other has been the largest component of U.S. Gross Domestic Product (GDP) since the first quarter of 1970, when spending on services surpassed spending on goods for the first time, according to Saratoga Advantage Trust. Currently, services spending growth has been positive for
China and the United States led exports of intermediate goods in the second quarter of 2023, according to data from the World Trade Organization (WTO). While Chinese external sales were $344 billion in those three months, a year-on-year decline of 9 percent, corresponding U.S. sales totaled $195 billion,
Multiple banking in Mexico attracted 6.001 billion dollars of Foreign Direct Investment (FDI) in the first three quarters of 2023. According to data from the Ministry of Economy, multiple banking attracted 6,968 million dollars in Mexico during the first quarter of the current year. Then there was a
Mercado Libre reported that its performance in its Mexico Retail business continues to excel, and believes its Q3 2023 results show how well positioned the company is to take advantage of the country’s long-term growth potential. Gross merchandise volume (GMV) growth was 34% year-over-year on a rate-neutral basis,
Coca-Cola FEMSA sells soft drinks in a wide variety of returnable and non-returnable presentations in the form of glass bottles, cans and plastic bottles made primarily from PET resin. In 2022, the company sold beverages, including others such as juices, coffee, teas, milk, value-added dairy, sports drinks and
Leaders of the Asia Pacific Economic Cooperation (APEC) forum issued a declaration with agreements on food security in San Francisco, United States. In the document, leaders of the 21 member economies commit to fully implement the Roadmap for Food Security by 2030 as a pathway to making their