Mexican Competitiveness Institute releases 2016 state rankings

The Mexican Competitiveness Institute (IMCO) 2016 State Competitiveness Index, released on 29 November 2016, named Mexico City, Aguascalientes, and Nuevo León the top three most competitive entities in Mexico (Sin Embargo). The IMCO index consists of 100 indicators and measures states' capacity to forge, attract, and retain talent and investment translating into greater economic productivity and benefits for state inhabitants. Colima and Querétaro occupied the fourth and fifth places respectively, while Nayarit, Sonora, and Puebla showed the greatest progress. The state with the largest setback was Baja California Sur, which dropped from 17 to 25 on the 2016 list while Guerrero, Oaxaca, and Chiapas occupied the bottom three places (Sin Embargo and Expansion).