In July 2025, Mexico's gross fixed investment declined by 6.6% compared to the previous year, marking the 11th straight decrease, though it was less steep than the anticipated 7.4% drop. Both construction and machinery & equipment sectors saw significant declines in spending, with construction decreasing by 7.2% (down from a 3.2% fall in July) and machinery & equipment by 5.9% (an improvement from a previous 9.7% decline). Adjusting for seasonal variations, gross fixed investment actually increased by 1.6% in July, following a revised 1.3% decrease in June, and exceeded market expectations of a 1% rise. Cumulatively for the year, Mexican gross fixed investment contracted by 6.8% from the same period last year.