MSMEs in Querétaro plan to exceed pre-pandemic production level: Sedesu

Queretaro, Qro. The state’s economic recovery is still ongoing, particularly in sectors that have not managed to return to pre-pandemic production levels.

Even though in the first quarter of the year Queretaro was one of the nine entities whose economy grew compared to the same period in 2020, the service sector is one of the laggards, explained the Secretary of Sustainable Development (Headquarters) local, Marco Antonio del Prete Tercero.

“I do not generalize that all companies have recovered, there is a way to go, the services sector is one that still has room for recovery, the commerce sector is recovering, we also see favorable indicators in commerce, that there may be small businesses or providers of private services, or natural and legal persons, who are struggling with this,” said the official.

However, he highlighted, micro, small, medium and large companies report that they are in the process not only of recovering, but also of improving their pre-pandemic indicators. Therefore, he reiterated that there are sectors that are still in the process of resuming their production levels.

“There may be a company that is not having a good time, a sector in particular that has not recovered the production levels prior to the pandemic; but in general terms, if we look at the hard data we have, we see that in terms of economic growth, Querétaro is one of the states that has already recovered the volumes of economic growth it had prior to the pandemic, ”he said.

Meanwhile, he contextualized that among the recovered indicators, the level of formal employment stands out; Regarding the manufacturing industry, he specified that the manufacture of transportation equipment, the manufacture of electronic equipment, the chemical industry, the plastics industry, and the manufacture of food and beverages have also returned to pre-pandemic levels.

According to the study National and state growth of the Mexican economy, published by Mexico How are we doing?Querétaro was one of the nine entities that grew in the first quarter of 2022, 0.9% in relation to the first quarter of 2020, before the first effects of the pandemic.

Based on statistics from the National Institute of Statistics and Geography (inegi), specifies that Tabasco was the entity with the highest pre-pandemic growth, of 11.3%; followed by Baja California with 4.8%, Quintana Roo with 2.5%, Chiapas with 2.3%, Oaxaca with 1.6%, Nayarit and Querétaro with 0.9%, Jalisco and Durango with 0.8%, respectively.

Meanwhile, the remaining 23 entities remain below the pre-pandemic growth level, in a range of -0.4 and -13.9% below; Campeche is the entity that is furthest from its pre-pandemic recovery, with -13.9% below, followed by Mexico City with -9.8% and Puebla with -7.5%, among the rest of the states.

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