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The trade war between China and the US and, to a lesser degree, the effects of the pandemic caused the former to lose 4.2 percentage points of share in the US market of manufactured imports between 2018 and 2021.
Mexico would continue to be more competitive than the United States in the production of manufactured goods even if the latter were to cut its corporate tax rate from 35% to 20%. The difference in labor costs alone is a sufficient factor for Mexico to remain more competitive than the US
In September, activity increased in 44 states, but the pace of expansion decelerated nationwide. Activity accelerated in the Sunbelt, especially in AL and FL, with the strongest pick-ups in the leisure and construction sectors. Mining activity …
The performance by non-automotive manufactured exports has stunted the manufacturing industry growth in Mexico during the past few years. It is worth mentioning that non-automotive manufactured exports represent around 58% of total Mexican expo…
March’s CPI Unlikely to Boost FOMC Views on Inflation Outlook: Markets and FOMC members alike are on the edge of their seats waiting for signs that inflation is on the rise, yet the CPI report for March (Friday) is unlikely to have such an effe…
