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Mexico and border region

 

  • Mexican IT services firm pitches ‘nearshoring’ as alternative to overseas ties

    Softek chief executive Beni Lopez discusses the competitive challenges the firm faces in the North American market, where many of the world’s leading tech services firms are based, and the genesis of the company’s nearshoring strategy.

  • Mexico Economic Update

    Mexico’s economic growth continues; outlook improves, inflation moderates further

    Mexico’s proxy for monthly GDP grew an annualized 5.4 percent in April 2023, an acceleration from revised first-quarter growth of 4.1 percent.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.