Although Mexico suffered a blow in factors such as security, the country's overall competitiveness index increased from 98.02 to 102.86 between 2010 and 2015.
Hoping to reverse slumping crude output, Mexico ended the decades-long monopoly of national oil company Pemex in 2013, opening the door to more private capital in the sector.
Guanajuato governor expects the state to become #1 car manufacturer in the country by 2020.
Mexico's peso last week took its biggest two-day tumble in more than 20 years following the surprise win for Trump, who has vowed to rework NAFTA.
The head of emerging market debt for Barings, said Mexico was being unfairly punished given that a move toward protectionism by the US would hit many economies around the world.
"Whatever his faults, and they are many, there’s no denying that Mexico’s president is brave," says Jonathan Tepperman in his essay released today on the WP
According to preliminary data released by national statistics agency (INEGI) at the end of last month, seasonally adjusted GDP contracted by about 0.3 percent from the prior quarter.
Brazil's central bank abstained from acting to weaken the currency despite doing so almost daily in July. Also boosted by the U.S. data, the Mexico peso gained 0.69 percent to close at 18.76 pesos per dollar.
Retail sales in Mexico rose for the fourth time in five months in May, as consumer spending continued to support growth in the economy.
Mexico sends mostly factory-made goods like TVs and cars to its northern neighbor and top trading partner.