With information from the National Institute of Statistics and Geography (INEGI), in April the construction industry advanced at a rate of 1.8% (seasonally adjusted figures) compared to March, this was its second consecutive month of rebound driven by specialized jobs (plus 1.7 m/m), however, with the measurement of original figures, a rebound of 16.1% was obtained in the fourth month of the year.

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In the same way, considering accumulated figures, the construction of civil engineering works advanced 41% annually, building barely 6.3% and specialized works 5.1% in their annual comparison.

The Base financial group estimates that the growth of the construction sector will continue, especially due to civil engineering works, however it should be considered that this subsector has slowed considerably from its peak growth of 162.7% annually reached in August 2023.

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All growth may be affected if the budgeted spending in the economic package for public works does not materialize, as well as the uncertainty derived from the elections held on June 2 in Mexico, where Claudia Sheinbaum was elected president. as well as the upcoming elections in the United States.

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Original Note.