Private economists surveyed in April by the Bank of Mexico lowered their estimates for economic growth this year, ratcheting down expectations in the wake of a weak first-quarter for the U.S. economy.
GDP is expected to expand 2.8% this year, according to the median estimate of 36 analysts polled by the central bank, down from 3% in March, survey results showed Tuesday. The economy grew 2.1% in 2014.
The latest estimate for 2015 follows a disappointing 0.2% expansion in U.S. GDP in the first quarter. That is likely to have a negative effect on . . .
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