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    Investment in industry in nuevo león plummets

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    June 23, 2020

    The latest Survey of Economic Expectations of the Manufacturing Industry in Nuevo León, prepared by CAINTRA, shows a historic drop in the percentage of companies that have CAINTRA, shows a historic drop in the percentage of companies that made an investment in May. investment in the month of May. Only 13% of Nuevo Leon's manufacturers made an investment in machinery, equipment or construction during the month of May. investment in machinery, equipment or construction during the month of May, the lowest percentage since the since January 2013 when this survey began.

    On average, the level of investment in the manufacturing industry in Nuevo Leon is around 30%. 30%; however, during the year 2020, a downward trend has been observed, with an annual average of 20%. annual average of 20%. Prior to this, the lowest level of investment observed was in January 2020, where a downward trend was maintained. 2020, where a downward trend was maintained due to the T-MEC negotiations and statements by the U.S. President. by the President of the United States.

    The low international and local economic dynamism has led to a panorama of uncertainty in the industrial sector, strongly reducing investment levels. uncertainty in the industrial sector, strongly reducing investment levels. Nuevo Nuevo Leon is a state that is a source of investment and employment in Mexico. authorities to support and promote Nuevo Leon's manufacturing industry, especially micro, small and medium-sized companies. micro, small and medium-sized companies.

    CAINTRA Nuevo León