Mexico’s manufacturing business confidence fell 0.4 points to 47.5 in May 2026, marking the 15th consecutive month below the 50-point neutral threshold. Investment willingness posted the sharpest decline, falling 1.8 points to 32.4. Expectations for the national economy slipped 0.3 points to 51.4, while assessments of firms’ current situation edged down 0.1 point to 50.8. Perceptions of current national economic conditions were unchanged at 47.6. Meanwhile, companies remained optimistic about their future outlook, with the indicator for firms’ future economic situation standing at 55.8 points. source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico decreased to 47.50 points in May from 47.90 points in April of 2026. Business Confidence in Mexico averaged 51.60 points from 2004 until 2026, reaching an all time high of 59.60 points in February of 2007 and a record low of 33.90 points in February of 2009. This page provides the latest reported value for - Mexico Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Business Confidence in Mexico decreased to 47.50 points in May from 47.90 points in April of 2026. Business Confidence in Mexico is expected to be 48.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Business Confidence is projected to trend around 53.00 points in 2027 and 55.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-04 12:00 PM
Business Confidence
Apr 47.9 47.8 48
2026-06-01 12:00 PM
Business Confidence
May 47.5 47.9 48.1
2026-07-01 12:00 PM
Business Confidence
Jun 47.5 48.9


Related Last Previous Unit Reference
Business Confidence 47.50 47.90 points May 2026
Capacity Utilization 81.60 80.30 percent Mar 2026
Auto Production YoY 329.88 343.52 Thousand Units Apr 2026
Car Registrations 47193.00 53904.00 Units Apr 2026
Changes in Inventories 53517.30 38212.50 MXN Million Dec 2025
Industrial Production YoY -1.30 -1.20 percent Mar 2026
Industrial Production MoM -0.60 0.40 percent Mar 2026
Manufacturing Production -1.00 -2.10 percent Mar 2026
Gross Fixed Investment MoM -0.80 -1.10 percent Feb 2026
Gross Fixed Investment YoY -2.60 -4.20 percent Mar 2026
Total Vehicle Sales 120722.00 134470.00 Units Apr 2026


Mexico Business Confidence
In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
47.50 47.90 59.60 33.90 2004 - 2026 points Monthly
SA

News Stream
Mexico Manufacturing Confidence Falls in May
Mexico’s manufacturing business confidence fell 0.4 points to 47.5 in May 2026, marking the 15th consecutive month below the 50-point neutral threshold. Investment willingness posted the sharpest decline, falling 1.8 points to 32.4. Expectations for the national economy slipped 0.3 points to 51.4, while assessments of firms’ current situation edged down 0.1 point to 50.8. Perceptions of current national economic conditions were unchanged at 47.6. Meanwhile, companies remained optimistic about their future outlook, with the indicator for firms’ future economic situation standing at 55.8 points.
2026-06-01
Mexico Manufacturing Confidence Edges Up
Mexico’s manufacturing business confidence edged up 0.1 point to 47.9 in April 2026, marking the 14th consecutive month below the 50-point neutral threshold. Company outlook expectations improved 0.8 points to 56.2, while firms’ present situation assessments rose 0.6 points to 50.9. The outlook for the national economy increased 0.4 points to 51.7, and investment willingness inched up 0.1 point to 34.1. In contrast, perceptions of current national conditions declined 0.2 points to 47.6.
2026-05-04
Mexico Business Confidence at 5-Year Low
Mexico’s manufacturing business confidence eased 0.5 points to 47.8 in March 2026, hitting the lowest since March 2021, and marking the 13th straight month below the 50-point neutral threshold. Investment willingness fell to 34.0 (–0.7), while the outlook for the national economy slipped to 51.5 (–0.6), and company outlook expectations dipped to 55.5 (–0.3). Conversely, perceptions of current national conditions edged down to 47.9 (–0.2), and firms’ present situation softened to 50.3 (–0.2).
2026-04-01