In January 2026, manufacturing business confidence in Mexico decreased to 48.4, slightly down from a revised 48.6 in December. This marks the lowest point since April of the previous year and represents 11 consecutive months below the neutral 50-point mark. Respondents highlighted a decline in their economic outlook for Mexico, which dropped by 0.4 points to 52.1, and for their companies, which fell by 0.4 points to 56. Additionally, there was a noticeable decline in sentiments regarding whether it is an opportune time for investment, down by 0.1 points to 35.3, and the current state of Mexico's economy, dropping by 0.2 points to 48.