Still, the number of institutions and the total assets represented on the Federal Deposit Insurance Corporation’s problem bank list continues to climb as some institutions face serious questions about capital adequacy due to weak loan quality, subpar earnings, and uncertainty about future conditions. Against this backdrop, lending has fallen significantly.
The  BIS central bankers’ speeches  1  observation is confirmed by the fact that during the last ten years, the importance of shipments to the United States relative to Mexico´s total non-oil exports has declined.1 At the same time, trade opening resulted in a significant change in the composition of exports, from one based on oil to one made up mainly of manufactured goods.