Jose Ruiz

We’re closely watching indicators in the US that would signal an improvement in consumer demand.  Mexico’s efforts to tackle the effects of the ongoing global financial crisis can help mitigate the impact but the recovery will come from an improved US economy.
 
“Mexico’s fate is so closely linked to the United States that they can’t get out of the recession on their own,” said Eugenio Aleman, a Latin America economist from Wells Fargo Bank.  “They are trying to smooth over the problems. The central bank has loosened policy. But there is not much the government can do.”
 
Looking for signs of recovery…
A report last Friday confirmed consumer confidence in the US tumbled more than expected in June, to a 28-year low. The report by the Reuters/University of Michigan said the confidence index fell to 56.7 from May’s 59.8. The figure is the lowest since the record low of 51.7 in May 1980.
 
Chicago Federal Reserve Bank President Charles Evans said the U.S. unemployment rate could get closer to 10 percent instead of 9.5 percent. He added that the jobless rate could peak later this year — earlier than a mid-2010 peak previously expected. This could signal a deeper fall but an earlier recovery.
 
Potential risks that can derail a recovery…
A current point of concern for many is soaring commodity prices. Food prices in the US have jumped 5% the past 12 months, with bakery products (up 10.5%), dairy (+11%) and oils (+12.8%) leading the way. Energy prices have skyrocketed. Fuel oil and other fuels have soared 50.7% in the past 12 months.

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Jose Ruiz is a Principal in Heidrick & Struggles’ Monterrey office. As an executive recruiter he has worked on executive search projects for multinational clients in industrial sectors and consumer markets. He can be reached at +52 (818) 8625-6521 or jruiz@heidrick.com

About Heidrick & Struggles International, Inc.
The world’s premier provider of senior-level executive search and leadership consulting services. The firm’s executive recruiters and leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. In Mexico, Heidrick & Struggles operates offices in Mexico City and Monterrey. For more information about Heidrick & Struggles please visit www.heidrick.com

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According to companiesandmarkets.com’s new research report, “Aerospace Industry Forecast to 2013″, growing air travel and wars around the world are driving the global aerospace industry. Civil aerospace segment is expected to grow at a faster pace than the defense segment. It is estimated that by the end of 2027, the world’s airlines will take delivery of 29,400 civil airplanes with total value of US$ 3.2 Trillion to keep pace with the growing demand for air travel.

The US represents the biggest aerospace market, with total sales estimated to have closed at US$ 204.4 Billion in 2008, followed by EU, Canada and Japan. But in future, developing economies such as China, India, Mexico and Brazil are expected to emerge as big marketplace for aerospace products.

The Chinese aerospace sector ranks among the world’s most dynamic sector due to the massive investment by the country. Moreover, Chinese aerospace companies are fast showing their presence in the global aerospace industry. It is anticipated that China will buy more than 3,700 airplanes before 2028 with the potential market value of US$ 390 Billion, becoming the most potential civil aerospace market.

Companiesandmarkets.com’s  report gives an extensive and objective analysis on the global aerospace market. It investigates both the past and current trends in the global aerospace market, and outlines the future trends shaping it. It comprehensively assesses the industry performance both in civil and defense segment. Based on various market indicators, the report evaluates future outlook of the industry. The report can thus give valuable information to manufacturers/investors preparing to enter the aerospace market.

The report also provides future perspective of the following countries

Developed Markets
- US
- Canada
- Japan
- UK
- France
- Germany

Emerging Markets
- Middle East
o UAE
o Saudi Arabia
o Qatar
- China
- India
- Mexico
- Brazil

Profiling on Key Players

This section gives overview on the key players, including The Boeing Company, EADS NV, United Technologies Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., Raytheon Company and BAE Systems plc, operating in the global aerospace market. It provides vital information, like business overview and financial information, of each company.

Mexico Industry Aerospace, Executive Search in Mexico, Manufacturing

ExecuNet’s Recruiter Confidence Index (RCI) surged 16 points higher in May, as the executive search industry’s outlook for the employment market improved for the third consecutive month amid signs that economic conditions are stabilizing. The RCI now stands at its highest level since June 2008.

Introduced in May 2003, the Recruiter Confidence Index is based on a monthly survey of executive search firms conducted by ExecuNet (www.execunet.com), a private network for business leaders. Designed to forecast job growth at the executive level, a reading above 50 percent indicates recruiters expect the number of search assignments in the next six months will increase. Independent analysis of the RCI has confirmed it is a leading indicator for the executive employment market.

According to May’s survey of 143 executive recruiters, 57 percent are confident or very confident the executive employment market will improve in the next six months – up from 41 percent last month. During this period of time, 67 percent of all executive recruiters expect at least a 10% increase in search assignments received from corporate clients.

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