Overview of the Economic Forecast
Jaime Herrera Casso, the president of Canaco Monterrey, announced that the estimated economic impact for the 2025-2026 school year is between 7,000 and 7,300 million pesos. This represents a projected increase of 10 to 16% compared to the previous year.
Key Factors Driving the Economic Growth
- Increase in student population
- Greater participation from formal commerce, including stationery stores, department stores, shoe stores, and technology distributors
Canaco Monterrey’s Perspective
Herrera Casso stated that the estimate is based on an expected 1.3 million students for the 2025-2026 school year, resulting in a $7,000 to $7,300 million economic impact with a projected growth of 10 to 16%. He acknowledged the current challenges due to external uncertainties and encouraged Neolonians to visit the Profeco Back-to-School Fair.
Importance of the Back-to-School Period
The back-to-school period is crucial for the commerce sector in Nuevo León, driving sales and supporting local businesses, especially micro, small, and medium-sized enterprises that rely on this season.
Supporting Formal Commerce
Herrera Casso emphasized that the return to classes presents an opportunity for families to find quality school supplies in formal businesses. Canaco Monterrey is committed to supporting organized commerce to meet this demand with competitiveness and efficiency.
Profeco’s Back-to-School Fair
Max Espinoza, the Profeco delegate in Nuevo León, mentioned that back-to-school spending amounts to approximately 3,600 pesos for parents, excluding textbooks and other supplies. Profeco aims to protect consumers’ wallets by offering quality services at affordable prices.
Fair Details and Discounts
Profeco will host the Back-to-School Fair from August 8 to 10 at Expo Guadalupe, where suppliers of school supplies and other items will offer discounts ranging from 5% to 60%. Profeco will ensure that formal commerce provides fair and economical prices, monitoring establishments including department stores.
Joint Call from Canaco Monterrey and Profeco
Both organizations urge consumers to shop in formal establishments to ensure quality, security, and benefits like exchanges and warranties. This practice also contributes to the economic development of Nuevo León.
Continued Collaboration
Canaco Monterrey and Profeco reaffirmed their commitment to working together to strengthen the commerce sector’s competitiveness and foster Nuevo León’s economic growth.