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Mexico City Construction- On the Comeback Trail

Posted by Don Ascione on June 24, 2015

There's no denying that there was a serious slowdown in the construction industry in Mexico City around 2012 and 2013. General economic lethargy had a huge impact on construction, as both commercial and residential consumers worried about their financial futures. The end result was a Mexico City construction industry that contracted for 9 straight months in 2013 with an overall loss of 4.5%.

 As it turns out, it truly was the darkest before the dawn, as 2014 saw steady growth and the 4th quarter of last year saw Mexico's economy grow at its largest rate in two years. The GDP climbed 2.6% from 2013 to 2014, and most experts are predicting a breakout construction year in 2015.

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Topics: international sales, stainless steel, construction metals, construction, Mexico

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