The manufacturing business confidence in Mexico eased to 48.4 in January of 2026 from the downwardly revised 48.6 in the previous month, the lowest since April of the previous year, to mark 11 consecutive months below the 50-point neutral threshold. Surveyees noted a deterioration in the outlook of Mexico's economy (-0.4 to 52.1) and the outlook of their companies (-0.4 to 56). Likewise, sharper contractions were noted on whether it is the right moment to invest (-0.1 to 35.3) and the current condition of Mexico's economy (-0.2 vs 48). source: Instituto Nacional de Estadística y Geografía (INEGI)

Business Confidence in Mexico decreased to 48.40 points in January from 48.60 points in December of 2025. Business Confidence in Mexico averaged 51.66 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 February of 2026.

Business Confidence in Mexico decreased to 48.40 points in January from 48.60 points in December of 2025. Business Confidence in Mexico is expected to be 49.20 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
2026-01-02 12:00 PM
Business Confidence
Dec 48.9 48.7 48.8
2026-02-03 12:00 PM
Business Confidence
Jan 48.4 48.6 48.9
2026-03-02 12:00 PM
Business Confidence
Feb 48.4


Related Last Previous Unit Reference
Business Confidence 48.40 48.60 points Jan 2026
Capacity Utilization 79.80 79.80 percent Dec 2025
Auto Production YoY 243.96 322.21 Thousand Units Dec 2025
Car Registrations 60744.00 65040.00 Units Jan 2026
Changes in Inventories 33922.30 36582.60 MXN Million Sep 2025
Industrial Production YoY 2.40 -0.70 percent Dec 2025
Industrial Production MoM 0.20 0.60 percent Dec 2025
Manufacturing Production 1.30 -2.10 percent Dec 2025
Gross Fixed Investment YoY -5.50 -6.80 percent Oct 2025
Total Vehicle Sales 133564.00 157754.00 Units Jan 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
48.40 48.60 59.60 33.90 2004 - 2026 points Monthly
SA

News Stream
Mexico Business Confidence Falls to 9-Month Low
The manufacturing business confidence in Mexico eased to 48.4 in January of 2026 from the downwardly revised 48.6 in the previous month, the lowest since April of the previous year, to mark 11 consecutive months below the 50-point neutral threshold. Surveyees noted a deterioration in the outlook of Mexico's economy (-0.4 to 52.1) and the outlook of their companies (-0.4 to 56). Likewise, sharper contractions were noted on whether it is the right moment to invest (-0.1 to 35.3) and the current condition of Mexico's economy (-0.2 vs 48).
2026-02-03
Mexico Manufacturing Confidence Improves
Mexico’s manufacturing business confidence rose to 48.9 in December 2025 from an upwardly revised 48.7 in November, remaining below the 50-point threshold for a tenth straight month. Willingness to invest increased 0.1 point to 35.8. The assessment of the country’s economic situation rose 0.3 point to 48.6, while views on firms’ current conditions also improved by 0.3 point to 50.2. Expectations strengthened, with the outlook for the national economy up 0.8 point to 53.0 and companies’ future prospects rising 0.8 point to 56.7.
2026-01-02
Mexico Manufacturers Business Sentiment at 7-Month Low
Mexico’s manufacturing business confidence fell to 48.4 in November 2025, the lowest since April, from a revised 48.9 in October, marking the ninth consecutive month below the 50-point threshold that signals pessimism. The willingness to invest decreased (-1.1 points to 35.6), while the current assessment of the country’s economic situation (-0.6 to 48) and the company's situation (-0.9 to 49.7) also weakened. At the same time, the country’s future economic outlook remained steady (at 52.1) but the company's future prospects deteriorated (-0.6 to 55.7).
2025-12-02