Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Mexico's not middle class yet, institute says

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Associated Press
Published:
MEXICO CITY -- Former President Felipe Calderon declared last year that Mexico is becoming a middle-class country.
Not so fast, says the official statistics institute.
A National Institute of Statistics and Geography analysis released Wednesday said nearly 60 percent of Mexico's estimated 112 million people still belonged to the lower classes in 2010. It said that the middle class grew by 4 percentage points, to almost 40 percent of the population, between 2000 and 2010. Just 1.7 percent were considered part of the upper class.
The institute didn't list precise criteria for defining middle class. But it said those households generally have a computer, spend at least $340 every four months to eat out, have a credit card, at least one member with formal employment, and are headed by a high school graduate.
Story tags » Mexico

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus