In 2018 Nuevo León registered an economic growth of 4.2%, with the national average being 2%. This growth was mainly driven by the manufacturing and services sectors.
The manufacturing productivity in Nuevo León grew by 6.7%.
In Nuevo León, 55,132 new Jobs were registered in 2018, which is equivalent to 8.3% of those registered at the national level.
Nuevo León's automotive industry comprises more than 200 companies, which have managed to position the sector as the state's leading employer. Likewise, approximately 20% of Mexico's auto parts production is generated in Nuevo León, making it the region's top exporter.
Companies such as KIA, International, Magna, Denso, Caterpillar, Polaris, Daimler, John Deere, and Brembo are established in the state.
It also has the Nuevo León Automotive Cluster. (Cluster Automotriz de Nuevo León, CLAUT), an association comprised of top-level manufacturers in the automotive industry, academic, and government institutions related to the industry.
• 12.2% of the light vehicles production in 2016 (3.22 million units).
• The automotive sector represents the largest volume of investments and projects.
• #1 worldwide in the production of safety belts and harnesses.
• The automotive sector generates around 59,700 direct jobs and 65,000 indirect jobs.
• World leader in the production of motors, batteries, and automotive glass.
The Automotive Cluster of Nuevo León is an association that works under the Triple-Helix Model (Universities+ Companies+ Government) with over 120 members. Its main objective is to foster the competitiveness and development of the sector in the region.
Nuevo León is one of the states with the most significant economic development in the country. The home appliance sector has positioned itself as one of the pillars of this growth. Companies such as Whirlpool, Carrier, LG, Philips, Panasonic, Trane Technologies, among many others, are installed here.
• No. 1 state in the production of household appliances in Mexico.
• 41% of the national production of home appliances is made in Nuevo León.
• + 32,000 jobs.
• It is estimated that in 2021, Nuevo León will produce more than 4 billion dollars worth of household appliances.
• Best developed supplier base for the home appliances sector.
The Home Appliances Cluster of Nuevo León is an association that works under the Triple-Helix Model (Universities+ Companies+ Government) with over 50 members. Its main objective is to foster the competitiveness and development of the sector in the region.
The main articles manufactured in the state are cell Phones: 1.6% of the national production
IT & Software industry in Nuevo León
• More than 400 IT companies comprise this industry's universe in Nuevo León.
• Nuevo León is among the top 6 Latin American cities and regions with the best level of technical training for the IT sector.
• +100 university programs related to the IT sector.
• +14,000 Jobs created by the IT sector.
• Ranked 1st with the lowest business costs for Digital Services (KPMG's Study Competitive Alternatives 2016).
Some of the leading companies settled in the state are Softtek, Johnson Controls, GE, Sutherland, Lenovo, Axtel, IBM, Accenture, among others.
The IT and Interactive media Clusters of Nuevo León are associations that work under the Triple-Helix Model (Universities + Companies + Government). Its main objective is to foster the competitiveness and development of the sector in the region.
Twenty-eight mines are located throughout the state, mainly dedicated to the extraction of barite; in Nuevo León, 97.91% of the national production is generated. Diatomite is another of the main minerals extracted in the state, where 44.84% of the national output is obtained.
The state have 28 mines
The principal metals and minerals extracted in the mines are:
• DIATOMITE: 44.84% of the national production
• SALT: 3.96% of the national production
• BARYTA: 97.91% of the national production
• CAST: 12.45% of the national production
The aerospace industry in Nuevo León has shown a vital dynamism during the last years. The aerospace industry in the region comprises 20 Tier 1 and Tier 2 companies, six research and development centers, two state government agencies, and two international airports. Additionally, Nuevo León has the second-largest aircraft fleet in the country.
This industry generates more than 3,500 direct jobs in the state and registers more than 800 million dollars in sales.
• +3,500 direct jobs in the Aerospace Industry in Nuevo León.
• +US $800 million sales revenue in the aerospace industry in Nuevo León.
• CIIA, Center for research and innovation in aeronautical engineering, located in Del Norte Airport in Escobedo.
• By 2020, Nuevo León will be the top R&D hub of the country for advanced manufacturing and aerospace design.
• Nuevo León has an aero cluster conformed by 22 companies, 6 R&D centers, and 2 State Government dependencies.
The Aerospace Cluster of Nuevo León is an association that works under the Triple-Helix Model (Universities+ Companies Government) with over 40 members. Its main objective is to foster the competitiveness and development of the sector in the region.
The production of transportation equipment is the primary manufacturing sub-sector in Nuevo León; 53% of what is manufactured in the state comes from this niche. In total, the manufacturing industry is made up of 648 companies, which generate more than 588,000 jobs.
The leading companies in this sector are KIA, Daimler, Caterpillar, Navistar, and John Deere.
The main processes that are made in the state:
Machinery and vehicles
Education
There are more than 100 universities in Nuevo León, and each year more than 26,600 professionals graduate. It has the largest engineering school in Mexico and the best-ranked business school in Latin America. Among the prominent universities are the Universidad Autonoma de Nuevo León (State University of Nuevo León), Instituto Tecnologico de Estudios Superiores de Monterrey (Monterrey Institute of Technology and Higher Education), Universidad de Monterrey (University of Monterrey), and Universidad Regiomontana (Regiomontana University).
High school and higher education are characterized by its flexibility to adapt to the state's labor needs.
This flexibility has allowed the state to have the most productive labor force in Mexico and a readily available workforce. Each year, more than 8,500 engineers graduate in Nuevo León.
Nuevo León is the most productive state in Mexico for the manufacturing industry.
Human Capital
• Turnover monthly average of 8.4%
• Low unemployment rate of 3.4%
• More than 8,500 engineering and construction graduates per school year
• Most productive labor force in Mexico
• Labor is readily available, with internationally competitive levels of efficiency
• High English speaking proficiency rate
• 19 years without a strike
Degrees and Careers
Bachelor Degree Programs: Business and Economics, Health, Education, Law, Psychology, Graphic Design and Arts, Architecture, Marketing and Communication, ICT's, Systems, Chemistry, Biology, Digital Media, Physics and Math, Gastronomy, Philosophy, Philosophy.
Sum of total registered
686,717
Total Number of Institutions and investigation centers
More than 152 Higher Education Institutions are in Nuevo León, and more than 8,500 engineering students graduate every year. Nuevo León has a rapid population growth. The most recent figure of the National Institute of Statistics and Geography (INEGI) indicates that from 2010 to 2015, more than 97,000 migrants arrived in Nuevo León, which is 50% more than the 65,000 that came from 2005 to 2010.
Productivity
Nuevo León is the most productive state in Mexico for the manufacturing industry. Productivity is a result of how much a worker can produce in one hour of his work.
Number of registration of higher education
100+ universities