-
Mexico Economic Update
Mexican economy picks up steam in first quarter
Mexico’s GDP grew at an annualized 4.5 percent in the first quarter, an acceleration from the previous quarter’s growth of 1.8 percent.
May 24, 2023
-
Mexico awaits ‘nearshoring’ shift as China boosts its direct investment
When it comes to trading goods with the United States, Mexico would appear a logical sourcing alternative to China. Before the pandemic, increasing friction between the U.S. and China—the top supplier of goods imports to the U.S. in 2019—contributed to an anticipated “nearshoring” shift among companies dependent on Asia.
April 14, 2023
-
Mexico Economic Update
Mexico’s economic growth continues, inflation moderates
Mexico’s proxy for monthly GDP growth averaged a 0.4 percent increase in the first two months of 2023. Nevertheless, the economy is expected to slow considerably this year because tight monetary conditions will likely weaken domestic demand and slower U.S. growth will affect Mexican manufacturing exports.
April 04, 2023
-
Mexico recovering from pandemic slowdown; structural issues persist
Daniel Chiquiar, professor of economics at Instituto Tecnológico Autónomo de México (Autonomous Technological Institute of Mexico) and former chief economist of Mexico’s central bank, Banco de México, discusses the country’s recent economic performance and the challenges it faces in 2023.
March 10, 2023
-
Mexico Economic Update
Mexico’s economic growth slows in fourth quarter; outlook weakens
Mexico’s fourth-quarter GDP growth was slower than earlier in 2022, indicating that the Mexican economy was losing momentum. Still, growth was slightly faster than expected as GDP rose an annualized 1.6 percent compared with median expectations of 1.2 percent.
February 16, 2023
-
Mexico Economic Update
Mexican economy sends mixed signals toward year-end
Mexico’s proxy for monthly GDP dipped 0.1 percent in November after rising for four straight months. The possibility of a U.S. recession, inflationary pressures, weak investment and monetary tightening are headwinds for the Mexican economy going into next year.
December 27, 2022
-
Mexico Economic Update
Mexico’s economy grows for fourth straight quarter; outlook improves
Mexico’s GDP grew at an annualized 4.1 percent in third quarter 2022, an increase from the second quarter’s growth of 3.7 percent and above analysts’ expectations. Nevertheless, inflation and the looming risk of a U.S. recession remain headwinds for the Mexican economy.
November 23, 2022
-
Mexico Economic Update
Mexico’s economy slightly improves; outlook deteriorates
The possibility of a U.S. recession, inflationary pressures, weak investment and monetary tightening are headwinds for the Mexican economy.
October 06, 2022
-
Southwest Economy, Third Quarter 2022
Maquiladoras, Mexico’s Engine of Trade, Driven to Navigate Evolving Demand
Mexico’s maquiladoras, an important generator of manufacturing and employment activity along the U.S.–Mexico border, confront a changing landscape. Evolving global trade patterns, reflecting stressed supply chains and increasing electric vehicle production, will test maquiladora agility and growth prospects.
October 03, 2022
-
Mexico Economic Update
Mexico’s economy grows for third straight quarter; outlook improves
Mexico’s real GDP grew an annualized 4.1 percent in second quarter 2022, identical to the first quarter’s revised 4.1 percent growth and above analysts’ expectations of 3.2 percent.
August 22, 2022