News From the Border

Providing the news from a different front but from a war that we must win as well! I recognize the poverty and desperate conditions that many Latinos live in. We, as the USA, have a responsibility to do as much as we can to reach out to aid and assist spiritually with the Gospel and naturally with training, technology and resources. But poverty gives no one the right to break the laws of another sovereign nation.

Monday, April 16, 2007

Mexico industrial output flat, fuels economy fears

By Greg Brosnan
REUTERS
4:00 p.m. April 13, 2007

MEXICO CITY – Mexican industrial output was unchanged in February from a year earlier as even the booming construction sector slid, surprising analysts who had expected a rise and fueling concerns about a slowing economy.

Manufacturing fell 0.1 percent after a lull in auto production. The construction sector, which has picked up slack from floundering exporters recently, slid 1.1 percent.

Analysts had expected industrial production to increase by 3.06 percent, according to the median estimate of a Reuters poll.

The weak numbers raised fears that an economic slump could be worse than previously thought. The slump was already expected to cut growth to 3.6 percent this year from 4.8 percent in 2006 due to a slowdown in the U.S. economy, the buyer of most Mexican exports.

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posted by missionaryman | 9:08 AM

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