Mexico's secondary sector, which is mainly made up of manufacturing and industrial activities, continued to stand out as a fundamental pillar of our country's economic development.

According to the most recent data from the National Institute of Statistics and Geography (INEGI), total factor productivity for this sector registered a growth of 0.94% compared to 2023, exceeding the historical average of recent decades.

Of interest: Solili Industrial Report 4Q 2024: Annual demand of 6.2 million marks a record, 7% more than 2023

This increase was driven by the contribution of materials, which added 2.98 percentage points, followed by general services with 0.73 points

Another relevant data is that the value of production in the secondary sector grew 4.79% in 2023, highlighting its capacity to generate high value-added goods in a competitive environment.

Check here: Solili Offices Report 4Q 2024: Demand in 2024 decreased 25% compared to 2023

The manufacturing sector is positioned not only as a generator of jobs, but also as a catalyst for innovation and economic modernization, to improve global competitiveness, manufacturing companies in Mexico are betting on the integration of more robust and sustainable supply chains, thus strengthening their ability to attract investment.

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Original Note.