INSUBCONTINENT EXCLUSIVE:
monthly drop in production value for January.This translates to a staggering 19.2% annual decline, fueled by slashed public spending
Released on March 25, the data starkly contrasts the 2023 boom, when output soared 24.4% thanks to major projects.The completion of railways
like the Tren Maya leaves a gap that the $200 million (4 billion peso) road repair program fails to bridge
Slow progress hampers the initiative, while new passenger train projects dawdle until mid-year.Road tenders, stalled early in 2025, now wrap
up, offering slim relief as public sector output crashes 50% yearly
Employment climbs 0.9% monthly but falls 7.5% from last year, signaling fewer jobs.Hours worked tick up 1% since December yet plunge 9.4%
Real wages rise 1.6% month-over-month, though a 0.6% annual dip reflects squeezed earnings amid inflation.Slump Hits Mexico: Construction
Output Falls 19.2% in 2025
(Photo Internet reproduction)Private construction slips 8.8% monthly but grows 5.6% yearly, lifted by housing and nearshoring trends
investment plan sparks hope, but delays dampen optimism
Industry heads target a 3-5% rebound by year-end if partnerships click
Beyond the figures, the industry grapples with uncertainty after policy shifts and tight budgets.Firms chase scarce contracts, workers face
The nation weighs infrastructure demands against fiscal limits, with recovery riding on decisive steps.This slide challenges a sector
employing millions, laying bare economic vulnerabilities
As tenders unfold and trains progress, observers gauge whether Mexico regains footing or slides further into trouble.
