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Is the peso about to peak? A perspective from our CEO

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CEO Travis Bembenek says to pay attention on Aug. 10 when Mexico's central bank meets to discuss interest rates, which could slow the peso.
Los Cabos

Los Cabos surpasses Mexico City in short-term rentals revenue

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According to the property management company Alterhome, Los Cabos now beats Mexico City in revenue from short-term rentals. 

Mexico shows US $38M trade surplus in June as exports increase

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The first six months of the year still show a trade deficit of US $6.34 billion, but this is 50.4% lower than the same period of 2022.
imf and mexico

IMF improves economic growth outlook for Mexico this year

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After projecting 1.8% annual growth in April, the International Monetary Fund increased the projection for Mexico's growth to 2.6% this year.

Construction sector at highest production value since 2019

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A national survey found that the construction sector grew 18.2% over last May, a boost that may be linked to Mexico's nearshoring phenomenon.

Mexico remains top US trade partner in first 4 months of 2023

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Manufactured goods accounted for most trade between the U.S. and Mexico, which totaled US $263 billion in the first four months of the year.
AMLO at morning press conference

AMLO: Mexico’s economy will be in global top 10 within decades

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Mexico is the world's 14th largest economy, and the president touted "competitive advantages" that will increase its future standing.
Banxico

How to stop a speeding ‘super peso’: A perspective from our CEO

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Mexico News Daily CEO Travis Bembenek thinks the time is now for Mexico's central bank to be the "superhero" by cutting interest rates.
trucks

453 new foreign businesses expected to arrive in Mexico within 2 years

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A survey predicts the nation's nearshoring boom will expand but warns that Mexico's infrastructure must improve to keep luring foreign firms.
BMW factory

Car manufacturing up nearly 14% in Mexico in first half of year

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Production is up 13.9% in the first half of 2023, as the country’s automotive industry continues to recover from the pandemic.