According to the National Institute of Statistics and Geography (INEGI), investment in construction had a monthly increase of 5.2% in March 2022, one of the highest increases in the last six years.

Marcos Daniel Arias Novelo, economic analyst at Monex Grupo Financiero, explained that the movement occurred as part of a rebound effect, as a result of the falls in the two main components during February (-1.4% in residential and -15.1% in non-residential). .

“In fact, construction investment still remains below the lows it marked in August 2021 (-1.6%) and January 2022 (-4.2%). This suggests that bearish pressures remain solid. Especially in the non-residential segment, which is limited by the government's lower spending capacity,” he commented.

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Regarding Gross Fixed Investment in Mexico, the INEGI reported that in the reference month there was a recovery of 2.9% at a monthly rate. However, a lag of 10.3% remains compared to its pre-pandemic level.

“The gap is huge, mainly if you take into account that 22 months have passed since the start of the economic recovery, after the confinements due to Covid-19, and that both consumption and exports have already recovered,” he commented. the expert.

The rise in Gross Fixed Investment is the result of the rebound in construction that occurred after the general paralysis in the sector, and which has also had an impact on job creation.

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In this sense, the Mexican Institute of Social Security (IMSS) reported that at the end of May 2022, the branch had an annual increase in jobs of 5.5%. Thus, it was placed as the third economic segment with the highest growth in employment, just below transport and communications (12.5%) and transformation (5.6%).

However, there are still pending labor matters for construction, because according to data from the National Survey of Construction Companies (ENEC) of INEGI, although working hours rose 2.7%; salaries paid to direct employees fell 2.1% in the first quarter of 2022.

In Solili you can consult industrial warehouses available in Toluca and Tepotzotlán 

Original note