Mexico Replaces China as U.S. Low-Cost Supplier

June 15, 2012

Bloomberg Business Week, 6/14/2012

 The cheap labor that is helping Mexico surpass China as a low-cost supplier of manufacturing goods to the U.S. and lured companies including Nissan Motor Co. has restrained progress for many of the country’s 112 million citizens.

Julio Don Juan makes $400 a month at a noisy, cramped Mexico City call center. Without a raise in three years, he says he had to pull his 7-year-old son out of a special-needs school he can no longer afford.

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