Check out this well-written article about Mexico’s rocky 2009. The flu, recession, drug wars, rogue neutrinos – it’s been a hell of year. Thankfully, one happy little corner of the economy happens to be where we’re camped.
Another industry that has thrived in Mexico despite the recession is software development. Anchored in the city of Guadalajara and surrounding state of Jalisco, Mexican software engineers both develop their own software and provide “nearshoring” code writing services to software companies in California and elsewhere. Jalisco boasts over 200 information technology companies, and national IT organizations are projecting 11% growth for the sector in 2009 at a time when most other industries are facing contraction for the year.