he global economy hasn’t found much traction in 2012. Europe’s debt crisis remains unresolved. China’s rapid economic rise is plateauing, and, depending on who you ask, it may even be petering out. US growth is expected to be a middling two percent this year. Yet Mexico is growing at a much faster pace than it has over the past decade.

Currently, much of that growth owes to robust exports. Car and car parts are being sent to the United States at record levels, the aeronautics sector is burgeoning, oil prices are relatively high, and Latin America is a fast growing market for Mexican goods.

via A Booming Middle Class Is the Secret to Mexico’s Economic Growth | Mexico Current News and Mexico Current Events, all the Latest News on Mexico Today.