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		<title>On negative territory, Mexican business confidence in October</title>
		<link>https://t21.us/on-negative-territory-mexican-business-confidence-in-october/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Mon, 03 Nov 2025 18:49:05 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[CONSTRUCTION]]></category>
		<category><![CDATA[EMOE]]></category>
		<category><![CDATA[Global Business Confidence Opinion Indicator]]></category>
		<category><![CDATA[IGOEC]]></category>
		<category><![CDATA[MANUFACTURING INDUSTRY]]></category>
		<category><![CDATA[Monthly Business Opinion Survey]]></category>
		<category><![CDATA[Trade sector]]></category>
		<guid isPermaLink="false">https://t21.us/?p=631679</guid>

					<description><![CDATA[<p>The uncertainty generated by the United States&#8217; economic policy with the imposition of tariffs has affected the confidence of Mexican business owners regarding the economic situation of their companies, according to the Global Indicator of Business Confidence Opinion (IGOEC) , which stood at  48.6 points last October , as revealed this Monday by the  National Institute of Statistics and Geography [&#8230;]</p>
<p>El cargo <a href="https://t21.us/on-negative-territory-mexican-business-confidence-in-october/">On negative territory, Mexican business confidence in October</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img fetchpriority="high" decoding="async" class="aligncenter wp-image-660341 size-full" src="https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1.jpg" sizes="(max-width: 1170px) 100vw, 1170px" srcset="https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1.jpg 1170w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-300x179.jpg 300w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-1024x613.jpg 1024w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-768x459.jpg 768w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-600x359.jpg 600w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-150x90.jpg 150w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-750x449.jpg 750w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT1-1140x682.jpg 1140w" alt="" width="1170" height="700" data-pin-no-hover="true" /><span dir="auto">The uncertainty generated by the United States&#8217; economic policy with the imposition of tariffs has affected the confidence of Mexican business owners regarding the economic situation of their companies, according to the </span><strong><span dir="auto">Global Indicator of Business Confidence Opinion (IGOEC)</span></strong><span dir="auto"> , which stood at  </span><strong><span dir="auto">48.6 points</span></strong><span dir="auto"> last October , as revealed this Monday by the  </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> .</span></p>
<p><span dir="auto">According to figures obtained from the  </span><strong><span dir="auto">Monthly Business Opinion Survey (EMOE)</span></strong><span dir="auto"> , this weighting represented a drop of  </span><strong><span dir="auto">0.8 points</span></strong><span dir="auto">  in relation to September 2025 and  </span><strong><span dir="auto">3.4 units</span></strong><span dir="auto">  in its annual comparison.</span></p>
<blockquote><p><span dir="auto">“With this latest observation, the indicator has now remained below the 50-point threshold for eight consecutive months,” Inegi explained.</span></p></blockquote>
<figure id="attachment_660328" class="wp-caption aligncenter" aria-describedby="caption-attachment-660328">
<p><figure id="attachment_660328" aria-describedby="caption-attachment-660328" style="width: 1618px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-660328 size-full" src="https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT.jpg" sizes="(max-width: 1618px) 100vw, 1618px" srcset="https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT.jpg 1618w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-300x87.jpg 300w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-1024x298.jpg 1024w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-768x224.jpg 768w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-1536x447.jpg 1536w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-600x175.jpg 600w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-150x44.jpg 150w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-750x218.jpg 750w, https://t21.com.mx/wp-content/uploads/2025/11/IGOECOCT-1140x332.jpg 1140w" alt="" width="1618" height="471" data-pin-no-hover="true" /><figcaption id="caption-attachment-660328" class="wp-caption-text">Source: Inegi.</figcaption></figure><figcaption id="caption-attachment-660328" class="wp-caption-text"><strong style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"><span dir="auto">The agency reported that, in October 2025, the manufacturing industry</span></strong><span dir="auto" style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"> confidence indicator  stood at  </span><strong style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"><span dir="auto">49.1 points</span></strong><span dir="auto" style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"> , a decrease of  </span><strong style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"><span dir="auto">0.4 points</span></strong><span dir="auto" style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;">  compared to September. Four of the five components of the indicator registered negative figures, while </span><strong style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"><span dir="auto">the company&#8217;s future economic outlook</span></strong><span dir="auto" style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"> remained unchanged.</span></figcaption></figure>
<p><span dir="auto">Meanwhile,  </span><strong><span dir="auto">construction</span></strong><span dir="auto">  fell </span><strong><span dir="auto">0.6 points</span></strong><span dir="auto">  in its monthly comparison; the component that showed the greatest progress was that related to the  </span><strong><span dir="auto">current economic situation of the company</span></strong><span dir="auto">  with an increase of  </span><strong><span dir="auto">0.6 units</span></strong><span dir="auto"> .</span></p>
<p><span dir="auto">Meanwhile, the  </span><strong><span dir="auto">retail sector </span></strong><span dir="auto"> confidence indicator fell  </span><strong><span dir="auto">0.3 points</span></strong><span dir="auto">  in October compared to September 2025, reaching  </span><strong><span dir="auto">47.9 units</span></strong><span dir="auto"> . The largest decline was related to  </span><strong><span dir="auto">the company&#8217;s future economic outlook,</span></strong><span dir="auto">  with a decrease of  </span><strong><span dir="auto">1.2 units</span></strong><span dir="auto"> .</span></p>
<p><strong><span dir="auto">The private non-financial services</span></strong><span dir="auto"> confidence indicator   fell  </span><strong><span dir="auto">1.3 points in October 2025</span></strong><span dir="auto"> compared to the previous month and settled at </span><strong><span dir="auto">49.2 points</span></strong><span dir="auto"> ; the  </span><strong><span dir="auto">right time to invest</span></strong><span dir="auto">  was the component with the largest decline, falling  </span><strong><span dir="auto">4.1 units</span></strong><span dir="auto">  during the period.</span></p>
<p><span dir="auto">Last October, the IGOEC registered a decline in all four of its components: manufacturing, construction, trade, and private non-financial services.</span></p>
<p><span dir="auto">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.</span></p>
<p><span dir="auto">Comment and follow us on X:  </span><a href="https://twitter.com/GrupoT21"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/on-negative-territory-mexican-business-confidence-in-october/">On negative territory, Mexican business confidence in October</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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