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Jalisco Economy Fourth in the Nation Growing 2.19% in First Quarter

Jalisco Economy Fourth in the Nation Growing 2.19% in First Quarter

During the first quarter of this year, the Quarterly Indicator of State Economic Activity presented an upward variation of economic activity, growing by 2.19% compared to the beginning of the previous year.

This increase in economic activity means a positive advance in the post-pandemic economy, since as the economy recovers at the macroeconomic level, the recovery of employment is facilitated, and the economy of households is also improved. 

The growth of 2.19% places the entity in the fourth position among the only eight states in the country that had a positive rebound, which include Chiapas with 2.9%, Baja California with 2.7%, Aguascalientes with 2.6%, Coahuila with 1.5 %, Tabasco with 1.3%, Durango with 0.96%, and Oaxaca with 0.90%. 

With respect to entities of similar economic weight, Jalisco was the only entity that registered economic growth in annual terms; Nuevo León registered a contraction of -0.5%; State of Mexico of -2.2%; Veracruz of -6.1% and Mexico City of -6.9%. 

Regarding the growth by type of activity in Jalisco, primary activities increased 1.09%, secondary activities grew 1.96% while tertiary activities decreased -0.57% specifically. 

The sectors that presented the greatest increase in the entity are: the construction sector, which is part of secondary activities, and presents an increase of 4.42% compared to the same quarter of 2020, with original figures; manufacturing industries, with an annual increase of 1.30% during the first quarter of 2021; and the commerce sector, which registers an annual increase of 3.42%. 

The complete analysis can be consulted at:

iieg.gob

jalisco.gob


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