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Mexico’s middle class is becoming its majority - The Washington Post

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The growing middle class in Mexico is to be seen in cities like Queretaro, far from the drug violence seen in cities on the Texas border. Even though growth has averaged only 2-3%, the number of Mexicans who see themselves as middle class in a country of over 100 million is 65%, according to a survey by pollster Jorge Buendia. The definition of middle class is a new refrigerator, a car and a couple of cellphones. Sometimes this is also aspiring to be or thinking you are middle class. A big change is the shift to small families. Astonishing as this may sound, Mexico's fertility rate has declined from 7.3 children per woman in 1960 to 2.3 today, according to the World Bank. The U.S. fertility rate is 2.1 children per woman.

Mexico's growing middle class in 2010-2014

01/20/2010

Mexico's recovery from the global financial crisis of 2008 and the growing middle class. The last 5 years have seen a surge in growth in three large Latin American economies Brazil, Argentina and Mexico, especially the growth of a middle class. Trade between Mexico and the U.S. now approaches the $502 billion in trade between the U.S. and China, as it increased by 17% to $461 billion in 2011. Foreign investment in Mexico's auto, retail, and aerospace sectors are success stories.

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