economy

Health Spending Drops 14.3%, Finance Ministry Denies Cuts; Calls Them “Adjustments”

Health Spending Drops 14.3%, Finance Ministry Denies Cuts; Calls Them “Adjustments”

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May 2, 2025

Background on the Finance Ministry and Its Role The Secretaría de Hacienda y Crédito Público (SHCP), or the Ministry of...

US Private Sector Job Growth Slows More Than Expected in April

US Private Sector Job Growth Slows More Than Expected in April

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May 2, 2025

Introduction to ADP Report and Economic Context The growth of private sector jobs in the United States (US) slowed more...

US Manufacturing Sector Continues to Contract Amidst Trade Uncertainty

US Manufacturing Sector Continues to Contract Amidst Trade Uncertainty

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May 2, 2025

Background on the Current Situation The United States manufacturing sector has experienced a deepening contraction, as reported by the Institute...

Mexico’s Government Reduces Fiscal Deficit by 71% in First Quarter of the Year

Mexico’s Government Reduces Fiscal Deficit by 71% in First Quarter of the Year

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May 2, 2025

Background on Claudia Sheinbaum and her Relevance Claudia Sheinbaum is the current Head of Government of Mexico City, serving since...

US Job Growth Slows Slightly in April; Unemployment Rate Remains at 4.2%

US Job Growth Slows Slightly in April; Unemployment Rate Remains at 4.2%

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May 2, 2025

Overview of the Current Job Market Situation The growth in employment in the United States experienced a minor slowdown in...

Mexico’s GDP Growth Projection for 2025 Cut to 0.20% by Banxico Survey: Experts

Mexico’s GDP Growth Projection for 2025 Cut to 0.20% by Banxico Survey: Experts

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May 2, 2025

Background on the Mexican Economy and Key Players The Bank of Mexico (Banxico) recently released its April survey on private...

Mexico Avoids Technical Recession with 0.2% Real GDP Growth in Q1 2025

Mexico Avoids Technical Recession with 0.2% Real GDP Growth in Q1 2025

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April 30, 2025

Background on Mexico’s Economic Situation Mexico narrowly avoided a technical recession in the first quarter of 2025, as its real...

US Labor Costs Rise Moderately in First Quarter Amid Economic Uncertainty

US Labor Costs Rise Moderately in First Quarter Amid Economic Uncertainty

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April 30, 2025

Introduction to Labor Costs in the United States The United States labor costs experienced a moderate increase in the first...

Economic Growth Projections: CEPAL Lowers Mexico’s Growth Estimate to 0.3%

Economic Growth Projections: CEPAL Lowers Mexico’s Growth Estimate to 0.3%

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April 30, 2025

Introduction In the face of ongoing economic uncertainty, the Economic Commission for Latin America and the Caribbean (CEPAL) has revised...

US Consumer Confidence Dips in April 2025 Amid Trade Tensions and Inflation Fears

US Consumer Confidence Dips in April 2025 Amid Trade Tensions and Inflation Fears

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April 30, 2025

Background on the University of Michigan Consumer Sentiment Index The University of Michigan Consumer Sentiment Index is a widely recognized...

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