Mexico's construction sector faces mixed prospects
Subject Mexico's construction sector. Significance Statistics from the National Institute of Statistics and Geography (INEGI) suggest Mexico's construction sector faces mixed fortunes. While housing development is increasing after some difficult years, non-residential construction is faring less well, with firms preferring to improve existing facilities rather than investing in new developments. Spending cuts also raise questions over the future of public infrastructure projects. Impacts Housing developers may struggle to absorb the market share left by bankrupt former competitors. A new government after the 2018 general election could change housing subsidy policies. Lack of growth for the sector as a whole will exacerbate low-skilled unemployment.