Scotiabank Mexico Business Overview
80
85
90
00
110
Index, 2019Q4 = 100
105
Jan 13, 2020 forecast
100
95
19Q4
2001
GDP Getting Back on Track
CA: Consumer and Business Activity
20Q2
2003
2004
21Q1
21Q2
21Q3
21Q4
22Q1
Jul 18, 2022 forecast
50
50
22Q2
22Q3
22Q4
23Q1
23Q2
23Q3
23Q4
Key Economic Indicators
index, Feb 2020 levels 100
Feb-20
Mar-20
Apr-20
May-20-
Jun-20 -
Jul-20-
Aug-20-
6 6 8 8 ៩ ៩ ៩ ៖ ៖
100
140
120
160
180
Sep-20
Oct-20-
Nov-20-
Dec-20-
Jan-21-
Feb-21-
Mar-21-
Apr-21.
May-21-
Jun-21
Auto Sales
⚫ Mfg Shipments
Exports
Housing Starts
Retail Sales
Sources: Scotiabank Economics, Bloomberg.
Jul-21-
Aug-21-
Sep-21-
Oct-21-
Nov-21-
Dec-21-
Jan-22
Feb-22-
Mar-22
Apr-22
May-22
Jun-22-
Employment
Manufacturing PMI
Jul-22-
80
60
85
Feb-20-
90
95
100
20
20
30
40
40
60
60
70
80
index, >50 stronger
Business Confidence - CFIB Business Barometer
3-month moving
average
6-month moving average
Avg. 2011-
present
11
12
13
14
15
Sources: Scotiabank Economics, CFIB.
16
17
18
19
20
21
22
105
Feb. 2020-100
Canada Fully Recovers Lost Jobs
Apr-20-
Jun-20-
Aug-20-
Oct-20-
Dec-20-
Feb-21-
Apr-21-
Jun-21-
Aug-21-
Oct-21-
Dec-21-
Sources: Scotiabank Economics, Statistics Canada.
Feb-22-
Apr-22-
Jun-22-
Labour Market Recovery
59
60
99
Headline index
Canada's Labour Force Participation Rate
البس
66
99
Feb-20
Apr-20
Jun-20
Aug-20
Oct-20
Dec-20
Feb-21
Apr-21
Jun-21
Aug-21]
Oct-21
Dec-21
Feb-22
Apr-22]
Jun-22]View entire presentation