International: Oct. 12, 2001
Mexico’s maquiladora output stands to decrease by 3.0 percent in 2001 following 12 years of steady growth, according to Rolando Gonzalez Barron, president of Mexico’s maquiladora trade association, in a recent report in the Los Angeles Times; Gonzalez said the faltering U.S. economy was causing the slowdown at the maquiladoras, where 95 percent of the goods produced are shipped to the United States.