Jan 12, 2012

Immigration Economics: Remittances to Mexico are rebounding

chicagotribune.com: "Ending a three-year slump, remittances to Mexico are finally on the upswing, thanks to an improving U.S. job market.

Analysts expect that money sent home last year by Mexicans living abroad, most of them residing in the United States, will top $23 billion when Mexico's central bank releases annual figures this month. Although still below the peak of $26 billion in 2007, that would be a solid 8 percent increase over 2010." read more

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