Economics: Local Ripples from US Slowdown

MEXICO - Report 16 Apr 2015 by Mauricio González and Ernesto Cervera
Executive Summary Since the last quarter of 2014 and through the first of 2015, the US economy has shown lower levels of growth in its industrial sector. In contrast to the slowdown observed in early 2014, which was largely provoked by climatic circumstances (polar vortex), the latest stalling of activity is related to slumping oil production as prices for the commodity have plummeted. The slowing of US industrial output has also implied a slowing of industrial activity in Mexico. The very obvious impact has contributed to the extent that Mexican industrial growth slowed from a 12-month rat...

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