mtgoat666 - 2-2-2012 at 10:12 AM
This also indicates things are improving in USA...
=============================
MEXICO CITY — Mexico’s central bank says the amount of money migrant workers sent home in 2011 increased by 6.86 percent over the year before, the
first major rebound in remittances since the 2008 economic downturn.
The bank says remittances totaled just over $22.7 billion in 2011, up from $21.27 billion in 2010. The 2010 figure represented an increase of just
0.12 percent over the $21.24 billion sent home in 2009.
There had been a precipitous 15.5-percent drop in remittances between 2008 and 2009.
Remittances are Mexico’s second-largest source of foreign income after oil exports. Nearly all the money comes from the U.S., where nearly 12 million
Mexican citizens live.
[Edited on 2-2-2012 by mtgoat666]