MEXICO CITY—Paul Noriega’s travails reflect what went wrong with Mexico’s economy last year. His company, a cleaning-products supplier whose main clients are public hospitals, was stalled for months, sales fell by half and some workers were laid off.
The reason: government spending didn’t flow for much of the year.
“We hadn’t lived anything like this in the last 12 years,” says Mr. Noriega, a young Mexican…
Read more here: Stalled Spending Chokes Mexico’s Growth
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