Difficult economic outlook for Sonora and Mexico expected

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Due to tariffs, President Donald Trump’s public policies, the lack of investment, and economic uncertainty in the country, business leaders, with the exception of Index, see a complicated outlook for the second half of 2025.

Jesús Gámez García, president of the Maquiladora and Export Manufacturing Industry (Index) in Sonora, emphasized that the tariff issue has halted a large number of projects in the state and halted the order process that was normally generated.

He estimated that starting in September, inventories in the United States will decline, leading to increased purchases of vehicles and other inputs from Mexico, despite the collection of tariffs of up to 50% on Section 232 steel.

Juan Álvaro Corral Aguirre, president of the National Chamber of the Manufacturing Industry (Canacintra) in Hermosillo, considered that the second half of 2025 will definitely be a challenging period, not only for Mexico but for the entire world due to the international context.

Norberto Larrinaga Buelna, president of the National Chamber of Housing Development and Promotion (Canadevi) in Sonora, noted that the country is currently facing a mild recession, even though the government hasn’t acknowledged it, and that what they will do to address it in the next six months is adapt to the conditions, be more efficient, and manage the buyers’ market with better conditions and facilities.

No unemployment has been reported, so we hope to be able to restart the upcoming and scheduled projects in the second half of the year so we can continue creating jobs in the second half of the year,” said Adrán Camou Loera, president of the Mexican Chamber of the Construction Industry (CMIC) in the state.

Source: elimparcial