MEXICO: The New Prosperity

Mexico, in song and legend a sun-drowsy land where only the beans jump, is leaping energetically toward new levels of prosperity in mid-1956. Industrial production, reported the RFC-like Nacional Financiera last week, is running a spanking 12% ahead of last year's record rate. Farm output has risen 50% in the last three years. In both consumer goods and food production, Mexico has gained important ground toward self-sufficiency. And like grace notes to these impressive fundamentals:

¶ The stock market is high and booming.

¶ The government's budget is in balance.

¶ Building is up...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!