Regional and urban economy

Most indicators show an improvement in economic activity in Valencia during the week of November 5 to 11, although both the growth rates and, more importantly, the levels remain below what would have been observed without the DANA, particularly in the hardest-hit municipalities, where significant impacts are still evident.

Growth figures for the economy in the second half of the year will improve compared to those observed in the first half of the year, however, this will not be enough. It is necessary to take actions in the short and medium term to boost growth and avoid costly damages.

This observatory contains the update of remittances that was presented on March 1, 2024 by the Bank of Mexico and it contains information related to the levels of poverty of the population that lived in households that received remittances, with respect to the population in households that did not they received remittances.