Thursday, April 30, 2015

EU slows; its economy grows 0.2% in first quarter – The Universal

ruben.migueles@eluniversal.com.mx
 


 The economic slowdown in the United States during the first quarter of the year is a risk factor for the recovery of Mexico due to the tight integration between the two economies, warn experts, however it is expected that the rest of the year rally productive activity United States for the benefit of our country.
 


 


 The United States Department of Commerce reported that the first estimate of GDP in the first quarter of 2015 was 0.2%, the lowest in four quarters, and although it was contrary to -2.1% in the first quarter of 2014 was less than 1.0 % expected by the market and more than the 2.2% the previous quarter.
 


 


 This slowdown in the US economy was a result of the stronger dollar and weak global demand, which affected sales abroad; lower oil prices, that reduced investments in the sector; a severe winter, which inhibited the consumption, and (now resolved) labor dispute at West Coast ports, which delayed the maritime traffic in ports that handle half of the charge, said the deputy director of Economic Studies of Scotiabank, Carlos Martinez .
 


 


 The weak dollar is a risk to US exports and also for Mexican exports used in US industry, ie, the auto parts or any other machinery and equipment, are some of the sectors that might have some kind of risk specialist said Banco Ve por Mas, Isaac Velasco.
 

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