Searcher
Marcial Nava
Marcial Nava
Principal Economist
USA

Marcial Nava began his banking career with BBVA in 2004, when he joined the Economics Research team in Mexico City. In 2007, he relocated to Houston to focus on economic analysis of the U.S. and the Sunbelt states.


In his current role as Principal Economist at BBVA Research USA, Marcial is responsible for the analysis of strategic industries, including energy and automotive. He regularly participates in specialized forums, and has served as guest columnist for newspapers in Spain and Latin America.


Marcial holds a Bachelor of Science degree in Economics from the Center of Research and Economics Teaching in Mexico City, and a Master of Business Administration from Rice University.

Latest publications

The Covid-19 pandemic generated an unprecedented shock to the labor market that at its peak contributed to the loss of 25 million jobs, forcing 24 million people to claim unemployment benefits and 8 million to leave the labor force temporarily.
Faltering demand is preventing oil prices to experience a sustained increase. Fundamentals are consistent with our baseline scenario. In the absence of a vaccine, we expect prices to remain below $45 per barrel for the rest of the year.
U.S. Recovery: To V, or not to be. Fed contemplates their next move. The return of the yield curve targeting. Tracing the impact of CARES Act’s relief payments towards the Covid-19 crisis recovery.