The labour costs in Mexico's air and spacecraft and related machinery sector have shown a consistent upward trend from 2013 to 2023, reaching 9.18 Billion Mexican Pesos in 2023. Year-on-year growth rates reveal a general deceleration over time, particularly noticeable in the last two years: 4.69% in 2022 and 4.39% in 2023. The five-year CAGR from 2018 to 2023 stands at 4.23%, significantly lower than previous periods, indicating a stabilizing growth rate.

Future trends to watch for include:

Forecasted growth rates showing a slight decline, with a five-year CAGR projected at 2.85% from 2024 to 2028.
Emerging technologies and automation, which may influence labour costs and efficiency.
Potential impacts from global economic conditions and trade policies that could affect production and labour dynamics in the industry.