Mexico Fund Common
Mexico’s growth picks up in June, what will drive growth? (Part 1)
The latest global activity indicator showed a meaningful increase in economic activity The global activity economic indicator in Mexico (EWW) is a gauge of GDP performance by broad industry sectors. It’s published monthly by the Mexican Institute for Statistics and Geography. The global economic indicator indices allow investors to distinguish between growth in the industrial and […]
Why Mexico’s economic slide continues and a recovery isn’t happening (Part 1)
The survey is at its lowest point since it started slightly over two years ago The Purchasing Managers Index (PMI) measures several items along the manufacturing supply chain, including new orders, production, inventory levels, prices, and employment. The PMI serves as a leading indicator of the economy’s near-term performance, so economists and financial analysts closely […]
Mexico’s manufacturing sector flat during May: bottom reached or further downside?
The May PMI survey for Mexico showed growth at the same rate as in May, possibly implying the bottom has been reached or instead that further pains are ahead. The Purchasing Managers Index is a survey that measures the sentiment regarding several elements across the logistics supply chain. It measures growth on items such as […]
Mexican manufacturing employment up, but wages suffer from inflation
The employment figures for March’s manufacturing indicators showed increases in employment, but real wages dropped significantly. The manufacturing sector in Mexico plays an important role in the economy, and while it accounts for approximately a fifth of GDP, its sensitivity to consumer demand makes it a good gauge of the overall health of the country. […]
Mexican economic recovery dragged down by industry and agriculture
Despite signs of recovery within the services sector, the agricultural and industrial sectors are dragging down economic growth. The global economic indicator, as published by the Mexican Institute for Statistics and Geography, registered the third mild growth of the year in March. Despite its lagging nature, the indicator offers insight into how each of the […]
Mexico’s unemployment is not showing signs of recovery
While it may not come as a surprise, the worsening unemployment means the economy is not improving Unemployment is a key indicator of economic health. It is a lagging indicator, and that means it is better at confirming trends, especially downward trends, since unemployment rises faster than it falls. After the tease drop in February, […]
Mexico’s unemployment worsened in March
After a strong decline in February, Mexico’s unemployment climbed back up just above 5%. Unemployment is a lagging indicator.