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==Economy== [[File:Hmotwr.png|thumb|left|upright|[[Torre Hermosillo]], built in 1995 in [[Northeast Hermosillo]]]] Most of the [[Hermosillo (Municipality)|municipality]]'s population lives in the city proper, with most jobs located in the manufacturing and commerce sectors here. About 250,000 hectares are under cultivation in the city's outskirts, most of which is near the coast. Crops include wheat, grapes, flowers, [[chickpea]]s, [[alfalfa]] and [[walnut]]s. Livestock has been traditionally important here, especially beef cattle. Pigs, sheep, goats, horses, domestic fowl and bees are also raised here as well. Fishing is practiced along the coast with shrimp being the most important catch.<ref name="encmuc"/> Industry and manufacturing has been the most dynamic sector of the economy. Much of this began in the 1980s with the establishment of the automobile industry, specifically the [[Hermosillo Stamping & Assembly]] plant owned and operated by [[Ford Motor Company]]. Electronics and IT are the largest employers by both revenue and number of employees. Today, there are twenty-six major manufacturers, which generate about 68,300 jobs, employing about thirty percent of the population.{{citation needed|date=April 2022}} Other than cars, products manufactured here include televisions, computers, food processing, textiles, wood products, printing, cellular phones, chemicals, petroleum products and plastics. [[Lanix]] electronics has a major research and design facility and its main manufacturing plant in Hermosillo. The city and its [[Hermosillo (municipality)|municipality]] have twelve industrial parks, which house over one hundred smaller manufacturing enterprises.<ref name="encmuc"/> There has been slowing of this sector especially the automobile industry because of the global economic downturn that began in 2008.<ref name="stanpoor"/> Commerce employs more than half of the population; besides small local businesses, chains are well represented; these are locally, regionally (Northwest Mexico), nationally, and U.S.-based. Tourism is mostly limited to the coastal communities of Bahia de Kino, Kino Nuevo and [[Punta Chueca]], where there are cave paintings and a recreational park named La Sauceda.<ref name="encmuc"/> In 2009, [[Standard & Poor's]] rated the [[Hermosillo (municipality)|municipality of Hermosillo]] as (mxA/Estable/-) based on its administrative practices, financial flexibility and limited financial risks. Financial management of the municipality has been prudent, with adequate documentation of practices. Debt levels have also been prudent at about 33% of gross income, which might decline in 2010. However, the municipality has limited liquid capital.<ref name="stanpoor"/>
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