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The economic prospects of the U.S., Canada, and Mexico for the current year point to interesting opportunities for Italian machinery manufacturers. In fact, OECD1 forecasts indicate, for 2024, GDP growth of 2.1 percent in the US, 0.9 percent in Canada and 2.5 percent in Mexico. In addition, slowing inflation, in these countries, will allow for a reduction in monetary tightening and interest rates…
According to the Ministry of Economy, in the first five months of 2024, 127 investment announcements have been made in Mexico by foreign companies, generating a total expectation of 39.157 billion dollars.Fifty-one percent of the announcements were made by companies with capital of U.S. origin; followed by Germany, with 14%, and Argentina, with 11%. Eighty-seven percent of the total amount…