Imports from Mexico Could Outgrow China’s by 2015, New Report States

Lower labor and energy costs are causing Mexican imports into the US to grow larger annually, and within five years the nation could even topple China as our largest importer, according to a new report issued by the Boston Consulting Group. By 2018, the Mexican economy could grow by $20 billion to $60 billion annually, according to the report entitled “Made in America, Again: Why Manufacturing Will Return to the US”.  Leading imports from Mexico include US automobiles and computers that are assembled in Mexico. Much of the cause for this shift is due to the North American Free Trade Agreement, according to the report.