DistantNews
Support us
Sinaloa's industrial sector sees 10.4% annual growth, ranking sixth in Mexico
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico /Economy & Trade

Sinaloa's industrial sector sees 10.4% annual growth, ranking sixth in Mexico

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Documents & data New plan
  • Sinaloa's industrial sector grew 10.4% annually in April, significantly outpacing the national average.
  • This growth places Sinaloa sixth among Mexican states for industrial expansion.
  • The state government is committed to fostering investment and economic opportunities for its residents.

Sinaloa achieved a significant 10.4% annual growth in its industrial sector as of April, according to data from the National Institute of Statistics and Geography (INEGI). This figure substantially exceeds the national average of 2.4%, positioning Sinaloa as the sixth-fastest growing state in Mexico for industrial activity.

Interim governor Yeraldine Bonilla highlighted this achievement as a positive signal for the local economy. She reiterated her administration's commitment to creating favorable conditions for investment, economic growth, and job opportunities for the families of Sinaloa. "That Sinaloa grows 10.4 percent in its industrial activity, far above the national average, is a positive sign of our state's productive capacity," Bonilla stated.

Specific sectors contributing to this growth include construction, which saw a 24.9% increase, and mining, with a 9.8% rise. Manufacturing experienced a more modest growth of 1.7%. On a month-to-month basis, Sinaloa's industrial activity increased by 5.2% compared to March.

INEGI's Monthly Indicator of Industrial Activity by Federal Entity is a key tool for tracking the performance of industrial activities across Mexico's states. This robust industrial performance in Sinaloa underscores its growing economic dynamism.

DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.