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Human Resources Mexico S de RL
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2019 Mexico Forecast: Doing Business in Mexico
Examining the 2019 Economic, Foreign Investment, Political, and workforce forecast for Mexico:
​

11 Minute video can provide you with basic insight regarding the 2019 forecast for Mexico. Franklin discusses:
​
  1. Overall economic status
  2. Economic outlook 
  3. Foreign direct investment
  4. Stability of Mexican PESO 
  5. Effects on business by New government Dec 1, 2018 and new USMCA trade deal formerly known as NAFTA
  6. Workforce observations
1.) Overall economic status

  • Mexico’s economic freedom score is 64.8, making its economy the 63rd freest in the 2018 Index.
  • Mexico is ranked 12th among 32 countries in the Americas region, and its overall score is above the regional and world averages.

2.) Economic outlook

  • Economic growth rate of 2.2% in 2018
  • IMF puts its 2019 economic growth outlook for Mexico at 2.7%
  • As a comparison, the GDP growth rate for the USA is expected to remain between the 2 to 3% for 2019

3.) Foreign direct investment

  • Mexico is one of the emerging countries most open to foreign direct investment, the world’s fifteenth largest FDI recipient.
  • 39.1% from USA
  • 15.4% from Spain
  • 8.8% from Germany
  • 7.1% from Canada
  • 5.9% Japan

4.) Stability of Mexican PESO

  • The Mexican peso is forecasted to fall between 18.00 MXN / USD to 20.00 MXN / USD in 2019

5.) Effects on business by New government Dec 1, 2018 and new USMCA trade deal formerly known as NAFTA

  • President Lopez Obrador, is scheduled to take office on Dec. 1, 2018
  • President Obrador and his prospective cabinet have subsequently sought to calm fears surrounding the incoming administration’s economic plans.

Reuters article referenced in the video

6.) Workforce observations

  • Mexico is producing STEM graduates at a higher rate per capita than the US
  • There is a significant increase in bilingual employees available
​
Presented by Franklin D Frith II - General Manager / Principal for Human Resources Mexico S de RL

The Most Trusted PEO in Mexico. The PEO used by the Global PEO / International PEO and Employer of Record.

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  • Home
  • About Us
    • Our Company
    • Testimonials for Human Resources Mexico
  • Mexico PEO Service
    • Mexico PEO Service
    • Additional Employee Perks
    • Recruitment in Mexico
    • Setup Company in Mexico
    • Pay Employee in Mexico?
  • Online Requests
    • General Request
    • Request PEO Proposal
    • Request Recruitment Services
  • Resources
    • Latest Video Topics >
      • Information VIdeos
      • Client Videos
    • Global PEO / International PEO >
      • 3 Things to Know Before Hiring a Global PEO
      • How to Hire a Global PEO / Employer of Record
      • Get to Know Your Global PEO / International PEO
      • Global PEO: Fast & Loose + Global PEO Survey
      • 10 Differences between HRM & the Global PEO / International PEO
      • What is an Employer of Record
    • 2019 Mexico Forecasts >
      • 2019 Mexico Forecast: Doing Business in Mexico
      • 2019 New Economic Free Zone in Mexico
    • Benefits in Mexico >
      • 12 Mandatory Benefits in Mexico
      • Private Employment Benefits in Mexico
      • Mandated Federal Holidays in Mexico
      • Profit Sharing / PTU in Mexico
      • Handling Vacation Days in Mexico
    • Hiring & Recruiting in Mexico >
      • Background Checks in Mexico
      • Independent Contractors in Mexico
      • Non Compete in Mexico
      • Hiring / Enrollment >
        • Hiring Employees in Mexico
        • How to Hire a Foreign Employee in Mexico
        • Employee Enrollment Process Under Your Legal Entity in Mexico
      • Trusted -vs- Exempt Employees in Mexico
    • Basic Payroll Facts for Mexico >
      • How to calculate... >
        • How to Calculate the Daily Pay Rate in Mexico
        • How to Calculate Christmas Bonus / Aguinaldo in Mexico
      • Overtime in Mexico
      • Shifts & Holidays in Mexico
      • Changing a Salary in Mexico
      • Average Salaries in Mexico
      • Expense Reimbursement in Mexico >
        • Mexican Expense Reimbursements
    • Terminating Employees in Mexico >
      • Severance in Mexico
  • Contact
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