Mexico Infrastructure Report Q1 2014: New Research Report Available at Fast Market Research
We are maintaining our expectation that 2014 should see a recovery in the Mexican construction industry, following a housing market crash and public sector inertia in 2013 which has dragged growth into negative territory. Indeed, we have further downgraded our 2013 estimate to a 2.7% contraction as the slump accelerated in Q3 2013. Despite this, we are holding our 2014 and 2015 growth forecasts steady at 4.4% and 4.3% respectively, as we see the construction sector returning to trend. This...
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