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Sheinbaum Defends Mexico’s Economy, Cites Record October Hiring and Positive 2026 Outlook

She frames the slowdown as U.S.-driven rather than a result of her judicial overhaul.

Overview

  • President Claudia Sheinbaum said the economic model is working and described Mexico’s economy as solid.
  • She reported that October posted the highest number of formal jobs on record in the country.
  • She attributed weaker growth this year to reduced U.S. demand—especially in autos—and global tariff dynamics.
  • She predicted a favorable finish to 2025 with a continued positive trend into 2026.
  • She maintained that investor confidence remains intact, citing foreign investment interest, U.S. supply-chain ties and a stronger peso, and she rejected claims that judicial reform has created uncertainty.