2026-08-21

Growth Outlook Warning for Mexico

A forecast of sub-par GDP growth for another decade is a reminder that the nearshoring story is largely export- and FDI-driven, not a signal of broad domestic demand strength; occupiers should keep these two dynamics separate when sizing local-market versus export-platform investments.

All notes from the desk →

GCA analysis and point of view. Underlying market data: SiiLA (licensed subscription), presented with attribution.