Industry Group (4661)
2022-Q3: $2.87T MX, Gross Domestic Product
DENUE November 2022: 39,939, Economic units
Jan-Sep 2022: US$7.31M, Foreign Direct Investment
2022-Q4 : $4.93k MX, Average Monthly Salary
2022-Q4 : 804k, Workforce
2022-Q4 : 49.8%, Female Workforce
2022-Q4: 40, Average Age
In the third quarter of 2022 the gross domestic product was $2.87T MX, 2.16% more than the previous quarter.
According DENUE 2022, Retail Trade of Furniture for Home and other Household Goods registered 39,939 economic units. The states with the highest number of economic units were Estado de México (5,355), Ciudad de México (3,835), and Jalisco (3,746).
According to data from the Economic Census 2019, total gross production was $78.5B MX. The states with the highest total gross production were Ciudad de México ($10.5B MX) and Estado de México ($9.98B MX).
For its part, total income reached $180B MX in 2019, being the states with the highest income Ciudad de México ($25.5B MX) and Estado de México ($24.3B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Furniture for Home and other Household Goods the states with the highest affinity were Nuevo León (0.73), Querétaro (0.71), Chihuahua (0.69), Coahuila de Zaragoza (0.65), and Jalisco (0.64).
During the fourth quarter of 2022 in Retail Trade of Furniture for Home and other Household Goods the workforce was 804k people, 50.2% men and 49.8% women. In addition, the average monthly salary informed was $4.93k MX.
During the same period, occupations with the highest number of workers in Retail Trade of Furniture for Home and other Household Goods were Traders in Stores, Sales Employees, Dispatchers and Dependent on Trade, and Agents and Sales Representatives and Consignees.
At the state level, the occupied population of Retail Trade of Furniture for Home and other Household Goods was concentrated in List Estado de México,Ciudad de México,Jalisco.
The average age of workers in Retail Trade of Furniture for Home and other Household Goods in the fourth quarter of 2022 was 40 years. In the same period, the average schooling of the workforce of Retail Trade of Furniture for Home and other Household Goods, was 10.9 years.
Average Monthly Salary 2022-Q4: $4.93k MX
Working population 2022-Q4: 804k
In the fourth quarter of 2022, the workforce in Retail Trade of Furniture for Home and other Household Goods it was of 804k people, 50.2% men with a reported average monthly salary of $6k MX and 49.8% women with a salary of $3.85k MX.
Of the total employed population, 33.2% of the total workforce were formal workers with an average monthly salary of $6.66k MX, while he 66.8% corresponds to informal workers with an average salary of $4.07k MX.
In the fourth quarter of 2022 the occupations with the highest number of workers were Traders in Stores, Sales Employees, Dispatchers and Dependent on Trade, and Agents and Sales Representatives and Consignees.
At the state level, the workforce of Retail Trade of Furniture for Home and other Household Goods was concentrated on Estado de México, Ciudad de México, and Jalisco.
Gross domestic product 2022-Q3: $2.87T MX
Gross Domestic Product 2021: $2.55T MX
* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.
In the third quarter of 2022, Retail Trade recorded a gross domestic product of $2.87T MX, evidencing an increase of 2.16% compared to the previous quarter and an increase of 13.9% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
According to data from the Economic Census 2019, 37,238 economic units were totaled in Retail Trade of Furniture for Home and other Household Goods, highlighting Estado de México (5,079), Ciudad de México (3,680), and Jalisco (3,504).
Total gross production was $78.5B MX. The states with the highest total gross production were Ciudad de México ($10.5B MX) and Estado de México ($9.98B MX).
Total income reached $180B MX in 2019, being the states with the highest income Ciudad de México ($25.5B MX) and Estado de México ($24.3B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
According to dato from Economic Census 2014, Retail Trade of Furniture for Home and other Household Goods had a total of 33,258 economic units and the municipalities with the highest number of economic units were Guadalajara (1.1k), Cuauhtémoc (997), and Ecatepec de Morelos (603)
Total income eached $87.7B MX and the municipalities with the highest income were Monterrey ($3.88B MX), Guadalajara ($3.29B MX), and Cuauhtémoc ($2.88B MX).
Total expenditures were $72.1B MX and the municipalities with the highest expenditures were Monterrey ($3.26B MX), Guadalajara ($2.58B MX), and Zapopan ($2.4B MX).
On the other hand, in 2014 there were 96457 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (3.86k), Guadalajara (3.51k), and Monterrey (2.38k).
* 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.
The visualization shows the number of economic units in Retail Trade of Furniture for Home and other Household Goods according to the number of employees.
According to DENUE data published in November 2022, 37,819 companies with 0 to 10 employees were registered (24 companies more than the previous period). In the same period, 1,950 companies with 11 to 50 employees were registered (1 companies less than the previous period).
107 companies with 51 to 100 employees were registered in 2022 (equal number of companies as the previous period). Likewise, 63 companies with more than 101 employees were registered (1 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to September 2022, FDI from Retail Trade of Furniture for Home and other Household Goods was US$7.31M, distributed in equity Capital (US$5.27M), reinvestment of earnings (Confidential), and inter-company debts (US$0).
Since January 1999 to September 2022, the accumulated amount of FDI in Retail Trade of Furniture for Home and other Household Goods was US$513M, distributed in equity Capital (US$511M), reinvestment of earnings (US$3.76M), and inter-company debts (-US$1.74M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Sep 2022: Confidential, Querétaro is the main receiving state
Period Jan-1999 to Sep-2022: US$247M, Mexico City is the main receiving state
From January to September 2022, the states that received the highest FDI for Retail Trade of Furniture for Home and other Household Goods were Querétaro (Confidential), Mexico City (Confidential), and Estado de México (Confidential).
Historically (from January 1999 to September2022) the states that have received the highest FDI are Mexico City (US$247M), Jalisco (US$104M), and Estado de México (US$84.9M).
* Information download does not contain confidential data.
Main investing country between Jan-Sep 2022: Germany, Confidential
Main investing country between Jan-1999 and Sep-2022: United States, US$477M
During January to September de 2022, the main countries of origin of FDI for Retail Trade of Furniture for Home and other Household Goods were Germany (Confidential), Brazil (Confidential), and Uruguay (Confidential).
Historically (from January 1999 to September de 2022) the countries that contributed the most to FDI were Germany (Confidential), Brazil (Confidential), and Uruguay (Confidential).
* Information download does not contain confidential data.
Average Age 2022-Q4: 40
Average Years of Schooling 2022-Q4: 10.9
The visualization shows the workforce of Retail Trade of Furniture for Home and other Household Goods by age group and years of schooling, comparing men and women.
In the fourth quarter of 2022 in Retail Trade of Furniture for Home and other Household Goods the average age for women was 40.8 years and the average schooling was 10.4 years.
The average age of men in the Retail Trade of Furniture for Home and other Household Goods workforce was 39.2 years, while the average schooling was 11.3 years during fourth quarter of 2022.
* The visualization omits the range of schooling "Not Specified".