Mexico’s Export Machine Accelerates, While Oil And Investment Flash Warning Signs

Key Points Exports rose 7.9% in November to $56.4 billion, keeping Mexico’s manufacturing-led growth engine in the lead. Non-oil exports climbed 10.5% and produced a $663 million trade surplus, but seasonally adjusted shipments slipped from October. Oil exports plunged 40.4% and capital-goods imports fell 16.7%, hinting at strains in state-heavy sectors and future investment. Mexico […]