Economic growth keeps on going strong in Mexico

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The Mexican economy recovered from the 2008-09 crisis, growing 5.5% in 2010 and 3.9% in 2011.  People are shopping heavily during Christmas, there is a lot of infrastructure development, and even access to credit seems to be better. While the headlines are dominated by violence, poverty and the like, the economic climate to me feels much, much better than the one in Europe.

Update (26.3.2012): On macroeconomic terms, even the US Federal Reserve tends to agree: Mexico’s Economic Growth Strong, Offers Lessons for U.S. and Europe