Remittances to Mexico Continue to Decrease
2 Articles
2 Articles
Remittances to Mexico continue to decrease
The money that individuals working abroad send to their families in Mexico fell for a third month this year. And some fear further, possibly catastrophic declines in this vital source of income for the Mexican economy if the U.S.
California’s economy, with GDP of about $4.1 billion in 2024, is ranked as the fourth largest in the world, only behind the United States, China and Germany. This dynamism allows the creation of millions of jobs, mostly in sectors such as technology, construction and services, where thousands of Mexican workers work and send money to their families. According to RSM Mexico, California and Texas, they contribute more than 45% of Mexico’s remittan…
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