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Statistics for Cd. Juarez, Mexico

Statistics, Juarez, MX

Maquiladora employment edged down at a 3.6 percent annualized rate in October, the third consecutive monthly decline. Despite the recent weakness, the industry has added more than 31,000 new jobs year-to-date. Looking at performance by sector, job losses were spread relatively evenly—the only exceptions being chemicals, services and electronics, which saw increases of 2.4, 0.3 and 0.1 percent, respectively (Chart 1). The transportation and textile sectors witnessed the largest declines. Together the two industries were responsible for most of the overall employment decline.

Maquiladora Employment by Sector

Following strong growth earlier in the year, the maquiladora industry located along the Texas–Mexico border saw employment dip at an annualized rate of 3.6 percent in October. Most of the border cities recorded job declines during the month, except Nuevo Laredo and Ciudad Juarez, which posted gains of 0.4 and 0.2 percent, respectively (Chart 2). Despite the loss, year-to-date the region has added over 12,800 jobs.

Maquiladora Employment by City

The pause in the expansion of the maquiladora industry is related to recent weakness in U.S. industrial production. The outlook for the maquiladora sector remains mostly positive, however, as the U.S. industrial sector regained its upward momentum in November, registering an increase of 0.2 percent.

Source: Federal Reserve Bank of Dallas, Maquiladora Empoyment, January 2007

Peso / Dollar Exchange Rate

U.S. Dollar to Mexican Peso Exchange Rate

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