In April 2025, confidence in Mexico's manufacturing sector dipped to 48.5, following a revised figure of 49.7 reported for March. This decline, occurring amid the strain of US-imposed tariffs, represents the lowest confidence level since April 2021 and marks the second month in a row that it has fallen below the 50-point threshold, raising concerns of increasing pessimism. There was a continued downturn in the willingness to invest, which slipped to 34.1 from 37, and evaluations of the national economic situation also experienced a minor decrease, moving from 48.8 to 48.6. Additionally, optimism regarding the current state of businesses waned, dropping to 51.7 from 52.7. Expectations for the future outlook of businesses decreased as well, falling to 56.2 from 57.5. Likewise, the projected outlook for the country's economy took a downward turn, easing from 52.9 to 52.7.