|
Mexico Risks Recession as Second-Quarter GDP May Be Revised Down
 Damn shame. Especially if their intransigence on stopping illegals led to a border shutdown [Yahoo] Economists expect Mexico's second-quarter gross domestic product to be revised slightly down on Friday, with some going as far as to predict a negative number that would mean Latin America's second-largest economy slipped into technical recession this year. The median estimate of economists in a Bloomberg survey is for the final GDP reading to show no growth from the previous quarter. That would mean a negative revision to the 0.1% expansion preliminarily reported July 31. The national statistics institute Inegi will release the final figure at 6am on Friday. Posted by: Frank G 2019-08-23 |
| http://www.rantburg.com/poparticle.php?ID=548652 |