Mexican industrial activity registered a 2.1% increase in April 2026 compared to last March, derived from an increase in construction activities, reported the National Institute of Statistics and Geography (Inegi) .

According to the agency’s figures, two of the four components of the Monthly Indicator of Industrial Activity (IMAI) performed positively in the fourth month of the year, with  construction showing the greatest growth, rising 7.6% compared to March 2016. Manufacturing industries advanced 1.2% during April on a monthly basis.

Conversely, mining fell 0.7%, and the generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the end consumer fell 0.3%, both components at a monthly rate.

In April 2026,  the IMAI showed an increase in its annual measurement of 1.8 percent .

Within the indicator, manufacturing industries; and generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the final consumer each decreased by 0.3%, on an annual rate.

Construction grew 10.2%, and mining activities rose 3.4% compared to April 2025.

With the increase recorded in April 2026, both on a monthly and annual basis, Mexican industrial activity is once again showing signs of recovery in an economic scenario marked by constant trade changes in the world and conflicts such as the one in the Middle East.

According to the results, the IMAI was driven by the construction sector, due to public infrastructure projects, works focused on urban development and some segments of building; however, other industries, such as manufacturing, showed mixed behavior.

The Monthly Indicator of Industrial Activity allows us to know and monitor the evolution of industrial activity in Mexico, Inegi emphasized.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Construction drives Mexican industrial activity in April apareció primero en T21.

Querétaro continues to attract manufacturing investments . Koblenz announced an investment of over 1.5 billion pesos (MXN) to strengthen its production capabilities in the state through new facilities in the Bernardo Quintana Industrial Park , a project that includes more than 100,000 additional square meters of industrial infrastructure, the company reported in a statement.

The company —responsible for designing, manufacturing and marketing household and industrial products— indicated that the resources will be allocated over the next three years as part of a strategy to expand and modernize its operations in Mexico , to increase its manufacturing capacity and broaden its presence in white goods categories.

According to the firm, the new facilities will practically double its current production footprint and will be focused on strengthening infrastructure, technological integration and operational efficiency of its processes.

In addition to the growth in installed capacity, the project seeks to consolidate Koblenz’s presence in segments such as refrigeration and automatic washing machines through the incorporation of new technological platforms, engineering and advanced manufacturing.

“For decades, Koblenz has built a relationship of trust with millions of Mexican consumers. Today we begin a new stage with a modern, ambitious vision focused on the future,” said Luis Dorador, CEO of Koblenz.

The company explained that the expansion is part of a transformation and modernization process aimed at strengthening its technological and manufacturing capabilities , as well as generating new opportunities for regional and international growth.

Regarding the decision to establish this project in Querétaro , Luis Dorador highlighted that the state was selected for its infrastructure, availability of technical talent, and strategic connectivity.

“Querétaro was selected for its relevance as one of the most important industrial ecosystems in the country, as well as its infrastructure, technical talent, and strategic connectivity. We deeply believe in Mexico’s industrial potential and in Koblenz’s ability to compete and grow in this new phase,” he stated.

With this investment, the company seeks to strengthen its manufacturing platform in Mexico to respond to current and future market needs.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Querétaro adds new industrial investment with Koblenz expansion apareció primero en T21.

After the rebound shown last March, manufacturing orders fell in April 2026, both on a monthly and annual basis, the National Institute of Statistics and Geography (Inegi)  and the  Bank of Mexico (Banxico) announced this Monday .

During the period, the  Manufacturing Orders Indicator (IPM) stood at  50.6 units , which meant a monthly decline of 0.6 points in April of this year, compared to the previous month.

The IPM, which presents the expectations and perception of business executives on the performance of the manufacturing sector in Mexico, also registered a negative figure in its annual measurement, with a decrease of 0.2 units .

Within the IPM, a monthly drop was shown in the production component , with a decline of 3.7 units in April 2026 compared to last March.

Conversely, raw material inventories increased by 2.3 points, and orders rose by 0.3 units. Total employment and on-time delivery of raw materials from suppliers remained unchanged month-over-month.

On an annual basis, production, total employment, and timeliness of supplier deliveries declined by 5.1, 0.6, and 0.5 points, respectively. Meanwhile, orders increased by 3.7 units, and raw material inventories rose by 1.1 points during the cycle.

By subsector groups that make up the IPM, those showing the greatest year-on-year declines were  petroleum and coal derivatives, the chemical industry, and the plastics and rubber industry , with 6.7 points. This was followed by  food, beverages, and tobacco , with 1.1 points.

Those that registered year-on-year increases were computer equipment, electronic accessories and electrical appliances , with 6.8 units; transport equipment , with 2.6 points; textiles, clothing, leather and hides, wood, paper and other industries , with 2.4 points; metal products, machinery, equipment and furniture , with 2.1 units; and non-metallic minerals and basic metals , with 1.6 points.

According to Banxico, knowing the Manufacturing Orders Indicator is crucial because it provides a preview of economic activity in Mexico.

“An increase in the MPI suggests that companies are receiving more orders and producing more, which can have a positive impact on the economy and investor confidence,” he explained. However, a decrease may indicate a decline in economic activity, which would affect product availability in the market and consumer prices.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Manufacturing orders weaken in April apareció primero en T21.

Mexican business confidence fell 0.2 points in April 2026  compared to last March and also decreased 0.4 units year-on-year, according to the  Global Business Confidence Opinion Indicator (IGOEC) , which stood at 48.2 points, as announced this Monday by the  National Institute of Statistics and Geography (Inegi) .

With this latest observation, the indicator has remained below the 50-point threshold for 14 consecutive months, reflecting pessimism among Mexican business owners, according to the results of the Monthly Business Opinion Survey (EMOE).

In this regard, the Business Confidence Indicator (BCI)  for  manufacturing industries  stood at  47.9 points  in April 2026, which was 0.1 points higher than in March. Within this indicator, the only component that decreased month-on-month was the current economic situation of the country , with a drop of 0.2 points.

The  Construction Economic Index (ICE)  was  48.1 units in the fourth month of the year. It increased by 0.3 points compared to the previous month. With this figure, the indicator has remained below the 50-point threshold for 20 consecutive months.

In the cycle, the  Commerce ICE  fell 0.1 points  compared to the previous month, settling at 48.9 units. Two of its five components declined compared to last March, with the company’s future economic situation showing the largest drop, at 1.5 points.

In the reference month, the  ICE for private non-financial services  fell  0.4 points  compared to March 2016, reaching 48.1 units. Three of its components showed negative performance.  The country’s current economic situation experienced the largest decline, falling 1.3 points.

In its annual measurement, the ICE for manufacturing industries fell 0.4 units; the one for construction advanced 1.4 points; the one for commerce registered an increase of 1.6 units; and the one for private non-financial services fell 1.7 points.

The decline in expectations among Mexican business leaders regarding the performance of the economy stems from various factors, including the uncertainty generated by tariffs worldwide, the conflict in the Middle East, and a weakening of domestic consumption, which has put pressure on the country’s commercial environment.

The IGOEC and ICE present the opinion of business executives on the economic situation of the country and their companies, so knowing the level of confidence of businessmen is important, since it influences their decision to invest.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Mexican business confidence remained in negative territory during April apareció primero en T21.

El cargo Manufacturing orders weaken in April apareció primero en T21.

Mexican manufacturing activity is expected to have declined during February 2026 , according to the Monthly Indicator of Manufacturing Activity (IMOAM).

In the second month of the year, the IMOAM, prepared by the  National Institute of Statistics and Geography (Inegi) , anticipated a decrease of 4.6% compared to February 2025.

According to Inegi, this indicator registered a value of 99.3 points , as an advance calculation of the  Monthly Indicator of Industrial Activity (IMAI)  of the manufacturing sector.

“The IMOAM has established itself as a reliable estimation tool, and is continuously evaluated by comparing it with the IMAI,” the agency stated.

Despite the drop in manufacturing activity last February, this sector remains attractive for attracting Foreign Direct Investment (FDI).

At the close of 2025, Mexico received $40.871 billion in FDI , which represented a growth of 10.8% compared to what was received in 2024, when it was $36.872 billion, according to the Ministry of Economy .

Of the total FDI in 2025, more than 30% was concentrated in manufacturing, reflecting the importance of this industry for foreign capital.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Manufacturing activity is expected to decline in February apareció primero en T21.

Mexican industrial activity registered a drop of 1.1% during January 2026 compared to December 2025, according to information released this Friday by the National Institute of Statistics and Geography (Inegi) .

According to figures from the Monthly Indicator of Industrial Activity (IMAI), which allows us to know and monitor the evolution of industrial activity in Mexico, industrial operations also declined in their annual measurement, showing a contraction of 0.1% in the reference month.

During the period, declines were recorded in all four components that make up the IMAI, with the generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the final consumer showing the greatest decline, with a drop of 1.9% on a monthly basis.

Meanwhile, mining, construction, and manufacturing industries each declined by 1.1% compared to December 2025.

On an annual basis, three of the four components of the IMAI registered increases . The construction sector advanced 5%, and mining 1%. Generation, transmission, distribution and marketing of electricity, water supply and natural gas via pipelines to the end consumer rose 0.6%.

Manufacturing industries was the only activity that declined at an annual rate, with a decrease of 1.7% in the period.

According to an analysis by Grupo Financiero Ve por Más (BX+) , Mexican industrial activity experienced its first monthly decline in four observations and the largest since December 2024.

He explained that, with original figures and annual rate, the indicator returned to negative territory after a respite in December, adding nine contractions in the last 10 readings.

“Although some sluggishness may persist for the remainder of the first quarter of 2026, we anticipate that it will subsequently regain some traction,” the institution emphasized.

Comment and follow us on LinkedIn:  @GrupoT21

El cargo Mexican industrial activity loses momentum at the start of 2026 apareció primero en T21.

In a context of uncertainty marked by the review of the United States-Mexico-Canada Agreement (USMCA) , scheduled for July of this year, variable tariffs, and possible internal reforms in the country—such as electoral reform—the manufacturing industry in Tijuana is showing resilience, with water infrastructure and border logistics projects , along with binational initiatives to strengthen the Cali-Baja region, which seek to attract and retain investment, especially for advanced manufacturing

For the industrial sector of the border city, the United States and Mexico share a region, such as Cali-Baja, which has its own commercial dynamics and particular activity, so it is necessary to take care of it and continue to make it grow.

“It is a region that cannot be understood in any other way than through a joint dynamic. It is two countries in a single region,” highlighted Alonso Ibarra Arellano, president of the National Chamber of the Transformation Industry (Canacintra) Tijuana , in an interview with T21.

Ibarra, who assumed the presidency of the organization on February 5, has proposed the creation of a Binational Industrial Council as part of the restructuring of Canacintra Tijuana, which brings together 400 members, with the purpose of providing greater certainty to investors , while seeking a common agenda with US counterparts in the Cali-Baja area.

Among the council’s tasks is identifying shared interests, from products manufactured in Tijuana that are exported to the United States, to attracting foreign capital through the relocation of companies, that is, nearshoring .

“We have to understand that we are in this together, that if something happens on the United States side, it affects us in the manufacturing industry, and vice versa, what happens in Tijuana and Baja California affects them, so the best thing is to come together, sit down and defend it,” Ibarra Arellano said.

The Cali-Baja region, made up of the counties of San Diego and Imperial in the United States, and Baja California in Mexico, has consolidated itself as one of the most important areas for the process of reconfiguration of supply chains in North America .

In 2024, San Diego and Imperial counties exported $34.5 billion , 97% of which went to the Mexican market. These exports supported approximately 95,000 jobs in critical industries such as aerospace, medical devices, and semiconductors, according to the 2025 Binational Trade & Competitiveness Report , prepared by the World Trade Center San Diego .

Meanwhile, the same study noted, Baja California exported $55 billion worth of goods during the same year, with 98% being manufactured goods and 95% destined for the United States.

Factors such as specialized manufacturing in Mexico and research activities, as well as high-tech development and services in San Diego, have triggered a highly integrated binational ecosystem.

One of the projects being prepared in Baja California for a new growth cycle with investments in critical infrastructure is the Rosarito desalination plant project , announced by the state government, which will help solve part of the water deficit that affects both the population and the manufacturing industry.

“Right now we are analyzing the financing that will be used, the debt that the state government will incur for this project. It is a project that managed to obtain federal resources for its implementation,” Ibarra Arellano recalled.

The plant will have a capacity of 2,200 liters per second and will increase the water supply for Tijuana, Playas de Rosarito and Ensenada by up to 45%, and will have an estimated investment of four billion pesos (mdp) from the state government and 10 billion pesos from the Federation.

Ibarra also spoke about the progress of the additional Otay Mesa II border crossing, which is progressing well on the Mexican side, while on the United States “we are in negotiations with the United States authorities to see when it will be completed on the other side of the border, because it is something that will help us with customs logistics .”

According to studies by the San Diego Association of Governments (SANDAG) , the new border crossing is projected to reduce wait times by up to 50% on average, which could generate a significant increase in the value of regional bilateral trade .

USMCA with caution

Facing the USMCA review, Ibarra maintains an optimistic outlook for Tijuana’s industry, but also expresses caution

“Ideally, we would like to reach an agreement that provides certainty for another 16 years, but we are confident that even if we do not reach one by July, we will still have a USMCA, since the agreement does not disappear, but rather undergoes annual reviews.”

With a long-term water project, optimized logistics, and a shared binational vision, Tijuana is positioning itself as a preferred destination for nearshoring and strengthening trade between Mexico and the United States. According to the U.S. Census Bureau , in December 2025, Mexico consolidated its position as the main trading partner of its northern neighbor, registering an  exchange of goods worth $70.521 billion .

Comment and follow us on LinkedIn:  @Humberto Cruz Moya /  @GrupoT21

El cargo Cali-Baja, a binational industrial vision in the face of economic uncertainty apareció primero en T21.

According to figures obtained from the  Monthly Business Opinion Survey (EMOE) , this weighting represented a drop of  0.8 points  in relation to September 2025 and  3.4 units  in its annual comparison.

“With this latest observation, the indicator has now remained below the 50-point threshold for eight consecutive months,” Inegi explained.

Meanwhile,  construction  fell 0.6 points  in its monthly comparison; the component that showed the greatest progress was that related to the  current economic situation of the company  with an increase of  0.6 units .

Meanwhile, the  retail sector  confidence indicator fell  0.3 points  in October compared to September 2025, reaching  47.9 units . The largest decline was related to  the company’s future economic outlook,  with a decrease of  1.2 units .

The private non-financial services confidence indicator   fell  1.3 points in October 2025 compared to the previous month and settled at 49.2 points ; the  right time to invest  was the component with the largest decline, falling  4.1 units  during the period.

Last October, the IGOEC registered a decline in all four of its components: manufacturing, construction, trade, and private non-financial services.

Therefore, this indicator did not reach 50 units, reflecting pessimism in business confidence during the period in the face of a challenging global economic environment.

Comment and follow us on X:  @GrupoT21

El cargo On negative territory, Mexican business confidence in October apareció primero en T21.

According to the  Timely Estimate of Quarterly Gross Domestic Product (EOPIBT) , published this Thursday by the  National Institute of Statistics and Geography (Inegi) , the Mexican economy contracted in the third quarter of 2025 (3Q25), which is its first decline so far this year , marked by a decrease in industrial activities.

In Q3 2025,  Gross Domestic Product (GDP)  fell 0.3%  both quarterly and year-on-year , according to seasonally adjusted figures.

The agency indicated that in the period July-September 2025, the GDP of primary activities , which include agriculture, mining and fishing,  grew 3.2% quarterly .

Meanwhile, the  secondary sector , which includes manufacturing and construction, showed a  1.5% decrease   quarter-on-quarter during the same period. The  tertiary sector , which includes services such as commerce, transportation and communications, education, and health, saw a  0.1% increase  quarter-on-quarter.

“The Timely Estimate of Quarterly Gross Domestic Product offers, in the short term, a view on the evolution of the country’s economic activities,” Inegi explained regarding this indicator.

According to analysts, the uncertainty generated by the United States tariffs offers a low expectation of growth for the Mexican economy for the remainder of the year.

It is worth remembering that Mexico’s GDP grew 0.6% in the second quarter of 2025, driven mainly by the manufacturing and service industries, so if the INEGI estimate from this Thursday is confirmed, the country’s economy would be heading for a decline.

Comment and follow us on X:  @GrupoT21

El cargo Decline in industrial activity impacts Mexico’s GDP decline in Q3 2025 apareció primero en T21.