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Investment in Mexico in contraction due to low business confidence and complicated economic outlook
July 16, 2020
CAINTRA Nuevo León is very concerned about the drop in investment in the country, which has worsened during the pandemic. has worsened during the pandemic. During April of this year, and with the beginning of the suspension of non-essential activities, gross fixed investment in the country showed a fall of of non-essential activities, gross fixed investment in the country showed a drop of 36.9%. Thus, during the year, there has been a cumulative decline of 16.9% in gross fixed investment in the country. a cumulative decline of 16.7% for the year.
It is important to highlight that the drop in investment has been present since last year, when the fall in this important item was 5.1%. important item was 5.1%. If the current trend continues in 2020, we could say that, in two years, at least 438 billion pesos will no longer be invested in Mexico, at least 438 billion pesos have not been invested in Mexico.
Part of this drop in investment corresponds to a significant reduction in business confidence, with confidence in the manufacturing sector alone falling 25% from the previous year. in the manufacturing sector alone, confidence fell 25% from the previous year.
This drop in investment has developed in a context where the coronavirus pandemic and growing economic uncertainty have dominated the scenario during the first half of 2020. economic uncertainty have dominated the scenario during the first half of 2020. At CAINTRA, we urge the authorities of the three levels of government to provide the conditions in the economic environment so that the rules of the game are clear so that the rules of the game are clear and this will be conducive to more sustained economic growth.
CAINTRA NUEVO LEÓN

