Mexico
By understanding Mexico and its economy, we can better understand our own economy. Learn about this unique and dynamic relationship with research from the Dallas Fed.
Mexico Economic Update
Mexico Sees Historic Drop in Economic Growth in Second Quarter; Outlook Worsens
Mexico’s gross domestic product (GDP) contracted an annualized 53.2 percent in second quarter 2020—its largest quarterly drop on record—due to the COVID-19 pandemic.
August 04, 2020
Mexico Economic Update
Mexico’s First-Quarter Growth Revised Up; Outlook Deteriorates
The latest data available show that exports, industrial production, employment and retail sales fell. Inflation increased, and the peso gained ground against the dollar in May.
June 24, 2020
Mexico Economic Update
Mexico Economic Growth Tumbles in First Quarter; Outlook Worsens Considerably
Mexico’s gross domestic product (GDP) contracted an annualized 6.2 percent in first quarter 2020—the largest quarterly drop since 2009 during the global financial crisis.
May 08, 2020
Mexico’s higher costs under USMCA may potentially offset gains from China-related trade spurt with U.S.
Approval of the United States–Mexico–Canada Agreement (USMCA) could change trade within the North American region, affecting
output and weakening North America’s global competitiveness.
April 06, 2020
Mexico seeks to reduce consumers' longstanding reliance on cash
Unlike the U.S., where consumers opt to pay with debit and credit cards or via apps, Mexico and its large informal economy continue to rely on hard cash. A new digital payment platform from the nation’s central bank aims to reduce the role of currency.
April 06, 2020
Migrant apprehensions at U.S.–Mexico border spike in 2019
Apprehensions of migrants at the U.S. southern border surged in spring 2019.
April 06, 2020
Mexico Economic Update
Mexico’s Economy Contracts in 2019; Outlook Worsens
More recent private forecasts see Mexico’s economy shrinking by as much as 4.0 percent as concerns intensify over the impact of the coronavirus (COVID-19) on global growth.
March 27, 2020
Go Figure: Assessing the Cost of Longer Border Wait Times
Wait times spiked in spring 2019 when Customs and Border Patrol resources were diverted away from border crossings.
December 30, 2019
Mexico Economic Update
Mexico’s Economic Activity Flat in 2019; Modest Growth Expected in 2020
Mexico’s gross domestic product (GDP) declined 0.2 percent through third quarter 2019. The consensus GDP growth forecast for 2019, compiled by Banco de México, remained at 0.0 percent in December.
December 18, 2019
Special Report
NAFTA at 20: Effects on the North American Market
Proceedings of the 2014 conference that brought together leading academic and government researchers who explored the realities of the landmark trade agreement.
November 22, 2017