Indicators

Mexico Economy Dips in First Quarter, Stoking Recession Fear

Workers weld acid batteries at a factory in Saltillo, Coahuila, Mexico. — Workers weld acid batteries at a factory in Saltillo, Coahuila, Mexico.
Photographer: Mauricio Palos/Bloomberg

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By Alex Vasquez and Carolina Millan

April 30, 2026 at 12:27 PM UTC

Updated on

April 30, 2026 at 10:37 PM UTC

Lea en español

Mexico’s economy shrunk in the first quarter in the latest economic setback for President Claudia Sheinbaum and despite her efforts to boost investment to stimulate growth.