Following NPI’s reports on Mexico’s contributions to tourism and trade with the United States, a new Wilson Center op-ed highlights the important job creation our relationship with Mexico creates. The Department of Commerce recently released data that underscores the power of travel in tourism has in jump starting our economy. A 7.4-magnitude earthquake shook Mexico City for more than a minute recently knocking down cell phone lines and causing buildings to be evacuated. No major structural damage was reported.
How Mexico Creates American Jobs Following NPI’s reports on Mexico’s contributions to tourism and trade with the United States, a new Wilson Center op-ed highlights the important job creation our relationship with Mexico creates. “The equation is pretty simple: New exports create new U.S. jobs. This is why President Obama launched the National Exports Initiative, with the goal of doubling exports by 2015, and this is why it is hard to conceive of a strategy for creating jobs that does not significantly strengthen regional economic cooperation with our two neighboring countries, which together receive a third of all U.S. exports.”
Tourism spending in U.S. surged 8.1% last year to $1.2 trillion The Department of Commerce recently released data that underscores the power of travel in tourism has in jump starting our economy. “A record number of foreign visitors helped boost overall tourism spending in the U.S. last year 8.1% to $1.2 trillion, the Commerce Department said. Last year’s 62.3 million foreign visitors marked an increase of 4% from the previous year. Foreign tourists spent a record $153 billion here, much of it in the last three months of the year, according to new Commerce data Wednesday.”
Big earthquake hits Mexico, no major damage reported A 7.4-magnitude earthquake shook Mexico City for more than a minute recently knocking down cell phone lines and causing buildings to be evacuated. No major structural damage was reported. “A major earthquake struck Mexico on Tuesday, unleashing panic as it damaged hundreds of buildings and caused homes in the capital to bounce like “trampolines.” Office workers fled into the street when the 7.4-magnitude quake shook Mexico City for more than a minute. Cell phone lines went down, building were evacuated, traffic snarled and the stock exchange had to suspend trading early.”
