 In 2007, "fDi magazine" stated that Guadalajara has the second strongest economic potential of any major North American city, behind only Chicago.The same research noted Guadalajara as a "city of the future" due to its youthful population, low unemployment and large number of recent foreign investment deals; it was found to be the third most business-friendly city in North America.The city has to compete with China, especially for electronics industries which rely on high volume and low wages.