Continuing Signs of Sluggishness

MEXICO - Report 15 Apr 2014 by Mauricio Gonzalez and Ernesto Cervera

Executive Summary During the first months of 2014 a debate emerged over just how long it may take the economy to shake off the slowdown into which it has become increasingly mired since last year. So far the doubt has centered on just how much increased government spending and growth in exports might help to pull the rest of the economy out of its doldrums and in the process offset both the sluggish pace of private consumption and the contraction observed in private investment. On the supply side, industrial production for the first two months of the year indicate that the industrial sector...

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