Charles W. Thurston, Latin America Correspondent06.05.17
Small improvements in markets like Latin America can be good news. Paint and coatings demand slowed last year as the regional economy shrank by 1.1 percent, but this year, international analysts predict a recovery to 1.3 percent real growth, led by several individual countries and Central America as a subregion.
The Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) observed in December that, “While in South America private consumption and investment dropped by 2.3 percent and 9.9 percent, respectively, in Central America private consumption expanded by 3.0 percent and investment by 1.9 percent. Some of these trends should improve in 2017, with stronger private consumption and investment.”
Country notes are quite positive in many cases. “Central America, including the Spanish-speaking Caribbean and Haiti, is expected grow by around 3.7 percent in 2017; including Mexico, with a projected growth rate of 1.9 percent, bringing the (subregional) average down to 2.3 percent. Positive growth is projected in 2017 for South America, at 0.9 percent, and for the English-speaking Caribbean, at
The Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) observed in December that, “While in South America private consumption and investment dropped by 2.3 percent and 9.9 percent, respectively, in Central America private consumption expanded by 3.0 percent and investment by 1.9 percent. Some of these trends should improve in 2017, with stronger private consumption and investment.”
Country notes are quite positive in many cases. “Central America, including the Spanish-speaking Caribbean and Haiti, is expected grow by around 3.7 percent in 2017; including Mexico, with a projected growth rate of 1.9 percent, bringing the (subregional) average down to 2.3 percent. Positive growth is projected in 2017 for South America, at 0.9 percent, and for the English-speaking Caribbean, at
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