Mexico Update: Third Quarter 2017

Mexico Map
September 01, 2017

Want to learn more about Mexico's economy? Keep abreast of changes in the U.S.-Mexico trade relationship and the economic environment for our nearest neighbor to the south? Browse research and news the AZMEX team recommends this quarter.

Research on the Mexican economy and U.S.-Mexico trade

The Wilson Center has a nice NAFTA Resource Page. The Mexico Institute and the Canada Institute are committed to provide up-to-date coverage as the NAFTA renegotiation progresses. Check back frequently for updates to this resource.

The Federal Bank of Dallas has a cool Mexico Economic Update available. The current edition suggests that “Mexico’s economy posted solid growth in second quarter 2017, although gross domestic product (GDP) growth ticked down slightly from the first quarter, according to the government’s advance estimate. Recent data on exports, industrial production and employment improved, but retail sales fell. Inflation held steady in June as the peso gained ground against the dollar for the fifth consecutive month. The consensus 2017 GDP growth forecast was unchanged at 2 percent.”

The August issue of the Borderplex Business Barometer (Volume 1, Number 8) can now be downloaded for free from UTEP’s Digital Commons website.  The report summarizes recent economic trends in El Paso, Las Cruces, and Ciudad Juárez.  

Check out the latest forecast for Mexico from the Organization for Economic Cooperation and Development (OECD). “After decelerating in late 2016, the pace of economic activity is projected to pick up somewhat, mainly reflecting stronger exports. Improved business confidence will support the upturn in investment. Consumer spending, the engine of growth in the past two years, will grow at a slower pace, as rising inflation damps consumers’ purchasing power and credit conditions tighten.”

Find out what the World Bank is thinking about Mexico here.

The latest Mexico Real Estate Outlook: First Half 2017 from BBVA Compass states: The slowdown in construction has continued with growth of 1.8%, closing 2016 with an increase of 4.2% in building and a decline of 9.4% in civil engineering.

Mexico in the News

30 August 2017

Export monitor 2017

Over the past 25 years, immigrant moms bolstered births in 48 states

29 August 2017

Nafta talks target stubbornly low Mexican wages

Mexico president to visit China to boost trade amid NAFTA talks

Shale oil boom softens the energy blow from Harvey

28 August 2017

About 22 percent of U.S. Gulf oil output offline due to Harvey

Mexico registers $1.52 billion trade deficit in July

24 August 2017

Low world inflation dogs central bankers, even as economies grow

Mexico to introduce new inflation methodology in 2018

Counting for dollars 2020: the role of the Decennial Census in the geographic distribution of federal funds

Business groups fire warning shot over NAFTA shake-up

23 August 2017

Steady ahead for Arizona, U.S. economies, says San Francisco Fed president

Mexico, Canada dismiss Trump threats to scrap NAFTA trade pact

Mexico’s peso weakens after Trump says he may kill NAFTA

Global economies grow in sync

The wall: the real costs of a barrier between the United States and Mexico

When renegotiating NAFTA, Trump should re-evaluate his premises on international trade

Why states don’t want Trump to make ‘very big changes’ to NAFTA

22 August 2017

Labor wants to make NAFTA its friend. Here’s the problem

21 August 2017

NAFTA talks: round 1 is over. Here’s what’s next

On sidelines of trade talks, businesses tout NAFTA’s benefits