ProceduresGovernment

Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices

Industry Group (4662)

 2024-Q1: $3.21T MX, Gross Domestic Product

DENUE May 2024: 38,784, Economic units

Jan-Mar 2024: Confidential, Foreign Direct Investment

2024-Q1 : $3.52k MX, Average Monthly Salary

2024-Q1 : 525k, Workforce

2024-Q1 : 57.7%, Female Workforce

2024-Q1: 46.5, Average Age

In the first quarter of 2024 the gross domestic product was $3.21T MX, 3.12% less than the previous quarter.

According DENUE 2024, Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices registered 38,784 economic units. The states with the highest number of economic units were Ciudad de México (4,576), Estado de México (4,437), and Jalisco (2,976).

According to data from the Economic Census 2019, total gross production was $38.8B MX. The states with the highest total gross production were Ciudad de México ($8.88B MX) and Jalisco ($3.81B MX).

For its part, total income reached $136B MX in 2019, being the states with the highest income Ciudad de México ($25.8B MX) and Nuevo León ($11.9B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.74), Coahuila de Zaragoza (0.71), Querétaro (0.69), and Baja California (0.69).

During the first quarter of 2024 in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices the workforce was 525k people, 42.3% men and 57.7% women. In addition, the average monthly salary informed was $3.52k MX.

During the same period, occupations with the highest number of workers in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices were Peddlers of Various Items (Excluding Food Sales), Traders in Stores, and Sales Employees, Dispatchers and Dependent on Trade.

At the state level, the occupied population of Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices was concentrated in List Estado de México,Veracruz de Ignacio de la Llave,Ciudad de México.

The average age of workers in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices in the first quarter of 2024 was 46.5 years. In the same period, the average schooling of the workforce of Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices, was 8.88 years.

Salaries and Workforce

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Average Monthly Salary 2024-Q1: $3.52k MX

Working population 2024-Q1: 525k

In the first quarter of 2024, the workforce in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices it was of 525k people, 42.3% men with a reported average monthly salary of $4.47k MX and 57.7% women with a salary of $2.83k MX.

Of the total employed population, 1.94% of the total workforce were formal workers with an average monthly salary of $6.33k MX, while he 98.1% corresponds to informal workers with an average salary of $3.47k MX.

Salaries and Workforce by Occupations and States

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In the first quarter of 2024 the occupations with the highest number of workers were Peddlers of Various Items (Excluding Food Sales), Traders in Stores, and Sales Employees, Dispatchers and Dependent on Trade.

At the state level, the workforce of Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices was concentrated on Estado de México, Veracruz de Ignacio de la Llave, and Ciudad de México.

Gross Domestic Product

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Gross domestic product 2024-Q1: $3.21T MX

Gross Domestic Product 2023: $3.17T MX

* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.

In the first quarter of 2024, Retail Trade recorded a gross domestic product of $3.21T MX, evidencing a drop of 3.12% compared to the previous quarter and an increase of 6.17% compared to the same period of the previous year.

* Current values, at current prices, base year 2013. Excludes taxes on products.

Production Indicators by State

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According to data from the Economic Census 2019,  34,673 economic units were totaled in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices, highlighting Ciudad de México (4,243), Estado de México (4,001), and Jalisco (2,737).

Total gross production was $38.8B MX. The states with the highest total gross production were Ciudad de México ($8.88B MX) and Jalisco ($3.81B MX).

Total income reached $136B MX in 2019, being the states with the highest income Ciudad de México ($25.8B MX) and Nuevo León ($11.9B MX).

* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.

Production Indicators by Municipality

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According to dato from Economic Census 2014, Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices had a total of 90,675 economic units and the municipalities with the highest number of economic units were Cuauhtémoc (5.09k), Guadalajara (3.17k), and Puebla (2.31k)

Total income eached $228B MX and the municipalities with the highest income were Puebla ($14.1B MX), Cuauhtémoc ($13.8B MX), and Benito Juárez ($11.1B MX).

Total expenditures were $192B MX and the municipalities with the highest expenditures were Puebla ($12.1B MX), Cuauhtémoc ($11.2B MX), and Benito Juárez ($9.93B MX).

On the other hand, in 2014 there were 259881 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (16.3k), Guadalajara (12k), and Monterrey (10.6k).

* Any inconsistency between the data at the state and municipal level is due to the anonymization methodologies applied to the data, also municipalities not shown in the visualization have been anonymized.

Economic Units

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The visualization shows the number of economic units in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices according to the number of employees.

According to DENUE data published in May 2024, 37,726 companies with 0 to 10 employees were registered (38 companies more than the previous period). In the same period, 801 companies with 11 to 50 employees were registered (5 companies more than the previous period).

124 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 133 companies with more than 101 employees were registered (5 companies less than the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

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  • Confidential, FDI Jan-Mar 2024
  • US$54.1M, FDI Jan-1999 to Mar-2024

In the period January to March 2024, FDI from Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices was Confidential, distributed in equity Capital (Confidential), inter-company debts (US$0), and reinvestment of earnings (US$0).

Since January 1999 to March 2024, the accumulated amount of FDI in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices was US$54.1M, distributed in reinvestment of earnings (US$80.5M), equity Capital (US$20.7M), and inter-company debts (-US$47.1M).

* Confidential data is not shown in the chart (see information icon in the section).

Foreign Direct Investment (FDI) by State

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Period Jan-Mar 2024: US$0

Period Jan-1999 to Mar-2024: US$41.2M, Mexico City is the main receiving state

No FDI is recorded in the period January to March, 2024

Historically (from January 1999 to March2024) the states that have received the highest FDI are Mexico City (US$41.2M), Querétaro (US$12.3M), and Estado de México (US$2.06M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

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Periodo Jan-Mar 2024: ---, US$0

Main investing country between Jan-1999 and Mar-2024: United States, US$52.4M

No FDI is recorded in the period January to March of 2024.

Historically (from January 1999 to March de 2024) the countries that contributed the most to FDI were Japan (Confidential) and Colombia (Confidential).

* Information download does not contain confidential data.

Specialization and Opportunity

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As of May 2021, the states with the highest degree of specialization in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices were Ciudad de México (1.36), Querétaro (1.24), and Coahuila de Zaragoza (1.21). The degree of specialization is measured using the RCA index, which represents the ratio between the observed and expected establishments of each state for each industry.

The states with the highest degree of development opportunity in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices according to Relatedness were Sonora (0.67), Baja California Sur (0.54), and Colima (0.52). The Relatedness measures the distance between an industry and the current industrial composition in each state. The presented entities register a level of specialization lower than one unit (RCA <1).

Workforce by Schooling Years, Age Range and Gender

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Average Age 2024-Q1: 46.5

Average Years of Schooling 2024-Q1: 8.88

The visualization shows the workforce of Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices by age group and years of schooling, comparing men and women.

In the first quarter of 2024 in Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices the average age for women was 47.4 years and the average schooling was 8.88 years.

The average age of men in the Retail Trade of Furniture, Computer Equipment and Accessories, Telephones and other Communication Devices workforce was 45.3 years, while the average schooling was 8.87 years during first quarter of 2024.

* The visualization omits the range of schooling "Not Specified".